Fed Created Beautiful, Slow Deleveraging: Crescenzi

Fed Created Beautiful, Slow Deleveraging: Crescenzi Play

June 30 (Bloomberg) -- Tony Crescenzi, executive vice president at Pimco, talks with Tom Keene about what a reversal of banking reserves would mean to the U.S. economy and how the Federal Reserve has handled deleveraging and unwinding of the credit bubble. He speaks in today’s “This Matters Now” on “Bloomberg Surveillance.”

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