The Fed is doing too much, all at once
A study co-authored by Itamar Drechsler of the Wharton School finds that banks may collectively face paper losses of as much as $1.7 trillion in long-term bond holdings.
・ From The New York Times
Through
11/26
A study co-authored by Itamar Drechsler of the Wharton School finds that banks may collectively face paper losses of as much as $1.7 trillion in long-term bond holdings.
・ From The New York Times