Race to Bottom Resumes as Central Bankers Ease Anew: Currencies

Race to Bottom Resumes as Central Bankers Ease Anew: Currencies

Andrew Harrer/Bloomberg

At the same time the ECB is easing, the U.S. FederalReserve said it will keep printing enough dollars to buy $85billion of bonds each month because the economy is still tooweak to stand on its own.