Fed’s Mortgage-Buying Spree at $1 Trillion With No End in Sight
Jerome Powell, chairman of the U.S. Federal Reserve, listens during a Fed Listens event on “Perspectives on Maximum Employment and Price Stability” at the Federal Reserve in Washington, D.C., U.S.(Photographer: Zach Gibson/Bloomberg)

Fed’s Mortgage-Buying Spree at $1 Trillion With No End in Sight

(Bloomberg) -- The Federal Reserve has snapped up $1 trillion of mortgage bonds since March, a record pace of purchasing, as the U.S. central bank tries to blunt the impact of the Covid-19 recessio...
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