Fed on Track to End Agency MBS Purchase Program, Observers Expect Modest Impact
March 26, 2010
Federal Reserve Chairman Ben Bernanke this week said the agency has made no changes in its plan to stop buying agency MBS by the end of this week and then let its massive portfolio drain off until market and economic conditions permit a more active disposition program.With just one week left in the 15-month Fed buying program, the agency has amassed a portfolio... [Includes one chart]