×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Fed | Bernanke | agency | debt

Bernanke Says Most on FOMC Don't Favor Sale of Agency Debt

Wednesday, 19 June 2013 03:29 PM EDT

Federal Reserve Chairman Ben S. Bernanke said a majority of Federal Open Market Committee members don’t favor selling the Fed’s holdings of mortgage-backed securities when it begins to exit record monetary stimulus.

“A strong majority now expects the committee will not sell agency backed mortgage-backed securities during the process of normalizing monetary policy, although in the longer run, limited sales could be used to reduce or eliminate residual MBS holdings,” Bernanke said at a press conference in Washington.

© Copyright 2022 Bloomberg News. All rights reserved.


StreetTalk
Federal Reserve Chairman Ben S. Bernanke said a majority of Federal Open Market Committee members don't favor selling the Fed's holdings of mortgage-backed securities when it begins to exit record monetary stimulus.
Fed,Bernanke,agency,debt
78
2013-29-19
Wednesday, 19 June 2013 03:29 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved