Foster Spahr Real Estate » Real Estate News http://fosterspahr.com Foster Spahr Real Estate | Maryland, DC, VA | Real Estate Listings and Homes for Sale Sat, 28 Jan 2012 19:01:40 +0000 en hourly 1 http://wordpress.org/?v= Should the Fed Keep Buying Mortgage Backs? http://fosterspahr.com/real-estate-news/realtor%c2%ae-magazine-daily-news-should-the-fed-keep-buying-mortgage-backs/ http://fosterspahr.com/real-estate-news/realtor%c2%ae-magazine-daily-news-should-the-fed-keep-buying-mortgage-backs/#comments Thu, 14 Jan 2010 18:17:20 +0000 dspahr http://174.120.172.93/~fostersp/?p=290 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 the result to determine whether it needs to increase the purchases to add more liquidity – and stability – to the market.

Bullard also said the Fed Open Market Committee will discuss the issue at its meeting later this month.

Source: The Wall Street Journal (01/10/2010)

Share

]]> http://fosterspahr.com/real-estate-news/realtor%c2%ae-magazine-daily-news-should-the-fed-keep-buying-mortgage-backs/feed/ 0