Fed should lift caps to buy as much corporate bond ETFs as it wants, says BofA

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Fed should lift caps to buy as much corporate bond ETFs as it wants, says BofA
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The Federal Reserve should remove ceilings on its purchases of corporate bond exchange-traded funds to deliver on market expectations that it would scoop up hundreds of billions worth of such debt to keep credit flowing to a broad spectrum of U.S. companies during the pandemic.

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