Fate Of Fed MBS Purchase Plan Still Uncertain

28 Jan 2010

The Federal Open Market Committee has suggested that it is still unclear whether the Federal Reserve’s program to purchase $1.25 trillion in mortgage backed securities will continue beyond the current expiration at the end of the first quarter.

The Federal Open Market Committee has suggested that it is still unclear whether the Federal Reserve’s program to purchase $1.25 trillion in mortgage backed securities will continue beyond the current expiration at the end of the first quarter. In a release, the FOMC stated that several programs will ...

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