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The populist shadow hanging over central banks and QE

Financial Times   •
©The Financial Times Limited 2020 Oct 8, 2025 / 11:50 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

The massive bond purchases are being unwound at a time of fierce political criticism of the monetary authorities. The controversy could limit options in future crises

The Fed and several other central banks have been unwinding some of those purchases by selling them or letting them expire

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