Fed May Need To Grow MBS Purchases

17 Mar 2009

The Federal Reserve may have to significantly boost its purchase of mortgage securities and other assets to ease financial conditions, according to Andrew Tilton, a Goldman Sachs economist.

The Federal Reserve may have to significantly boost its purchase of mortgage securities and other assets to ease financial conditions, according to Andrew Tilton, a Goldman Sachs economist. Tilton made his comments after the Fed’s balance sheet reportedly declined 17% in December from a peak of $2.3 trillion. ...

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