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To Be or Not to Be United

Author:
Lan Xinzhen    


Journal:
北京周报(英文版)


Issue Date:
2020


Abstract(summary):

<正>On March 15,the U.S.Federal Reserve announced it would slash its benchmark interest rate by100 basis points to 0-0.25 percent,marking the return of the zero-interest rate era.The Federal Reserve also launched a quantitative easing scheme worth$700billion.On March 23,the Federal Reserve Board announced plans to remove its cap on the purchase of


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