Should the Fed Keep Buying Mortgage Backs?
January 14, 2010 by dspahr · Leave a Comment
Should the Fed Keep Buying Mortgage Backs? The Federal Reserve should continue to buy mortgage-backed securities past its self-set deadline of April 1, James Bullard, president of Fed Bank of St. Louis, told an audience in Shanghai on Monday. Bullard argued that the Fed should continue the purchases “at a low level initially” and monitor [...]
