Extend MBS Program, Says St. Louis Fed Chief

23 Nov 2009

James Bullard, president of the Federal Reserve Bank of St. Louis, says the central bank should extend a Fed program to buy mortgage-backed securities beyond the first quarter of next year, when it is scheduled to end.

James Bullard, president of the Federal Reserve Bank of St. Louis, says the central bank should extend a Fed program to buy mortgage-backed securities beyond the first quarter of next year, when it is scheduled to end. Bullard said in a Dow Jones interview, that he advocated keeping ...

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