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The Federal Open Market Committee Holds Steady With Mortgage Backed Security Investments

June 21, 2013 by Robby Oakes Leave a Comment

The Federal Open Market Committee (FOMC) of the Federal Reserve decided to continue its current policy of quantitative easing (QE) based on current economic conditions. The Fed currently purchases $40 billion in mortgage-backed securities (MBS) and $45 billion in Treasury securities monthly.

Filed Under: Federal Reserve Tagged With: Federal Reserve,Interest Rates,Quantitative Easing

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Robby Oakes

CIMG Managing  Director
NMLS# 91606

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