Wall Street Pit The Wall Street Journal has a good article on the dilemma facing the Swiss National Bank: Nearly every major central bank is buying nontraditional assets to resurrect domestic economies in the wake of the worst global recession in 75 years. The U.S. Federal Reserve is buying mortgages; the European Central Bank is making unusually long [...] View the full post at: Those Who Don’t Like QE Should Root for A Higher Inflation Target Related posts: Is China Experiencing Hot Money Outflows? ECB’s Trichet Signals No Rate Rise in June Bank of England Slashed Rates 150bp to 3%; The Lowest Level in Half a Century