Tuesday, March 16, 2010

Fed is scheduled to end its mortgage-securities purchases

The Fed is scheduled to end its mortgage-securities purchases from Fannie Mae/Freddie Mac at the end of March. This means that Quantitative Easing (QE) ends then, because, the $1.25 Trillion in MBS (Mortgage-Backed Securities) purchases is where most of the QE, massive Fed Credit growth, came from.

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