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Home » Steady as She Goes at the FOMC as Moderate Recovery Continues, With Housing Still Depressed
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Steady as She Goes at the FOMC as Moderate Recovery Continues, With Housing Still Depressed

April 27, 2012
The Federal Open Market Committee left key federal funds rates unchanged at its latest meeting this week, and continued its agency debt and MBS reinvestment policies, with no sign on the horizon of a change any time soon. “The committee is maintaining its existing policies of reinvesting principal payments from its holdings of agency debt and agency MBS in[to] agency MBS and of rolling over maturing Treasury securities at auction,” the FOMC statement said. “The committee will regularly review the size and composition of its securities holdings and is prepared to...(Includes one data chart)
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