All Commentary
Wednesday, March 17, 2010

Fed: No More Mortgage-Backed Securities


“The Federal Reserve on Tuesday affirmed its plan to stop buying mortgage-backed securities, expressing a degree of confidence that it could eliminate that pillar of support without undermining the nation’s economic recovery.” (New York Times, Wednesday)

Better late than never?

FEE Timely Classic
“The Dynamics of Disintervention” by Sandy Ikeda