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Fed needs mortgage-backed securities exit plan 'earlier than later,' George says
Reuters ^ | 01/23/2023 | Howard Schneider

Posted on 01/26/2023 7:01:32 AM PST by millenial4freedom

Kansas City Federal Reserve President Esther George has urged her colleagues to come to terms "earlier than later" on a plan for the U.S. central bank to exit the mortgage-backed securities (MBS) market and be more explicit on how bond purchases will figure into future monetary policy.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Chit/Chat; Local News; Weird Stuff
KEYWORDS: biden; fed; housing; inflation
Ridiculous. Just rip off the band-aid already.
1 posted on 01/26/2023 7:01:32 AM PST by millenial4freedom
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To: millenial4freedom

It is hilarious to see the Fed get concerned about insolvency and inflation.

They invented it!

It is like a bank robber preaching about bank solvency and lending standards.


2 posted on 01/26/2023 7:07:00 AM PST by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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