Fed To Continue MBS Purchases

30 Jan 2013

Committee has voted to continue its program of monthly purchases of $40 billion of mortgage-backed securities and $45 billion in long-term Treasuries, noting that “growth in economic activity paused” in recent months.

The Federal Reserve’s Federal Open Market Committee has voted to continue its program of monthly purchases of $40 billion of mortgage-backed securities and $45 billion in long-term Treasuries, noting that “growth in economic activity paused” in recent months. The Fed also said it will maintain interest rates at ...

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