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Home » Store » News » Fed Chief Bernanke Confirms Exit Strategy: Bulk MBS Sell-Off Is Considered Unlikely

Fed Chief Bernanke Confirms Exit Strategy: Bulk MBS Sell-Off Is Considered Unlikely

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The Federal Reserve remains on course to stop buying agency MBS by the end of next month, and the agency has no plans to dump its massive holdings in the market, according to Congressional testimony prepared for Fed Chairman Ben Bernanke. Freakishly heavy snowfall in Washington, DC, resulted in a postponement of a hearing on the Fed’s exit strategy... [Includes one chart]
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