The KCM Blog

Thursday, January 28, 2010

The Fed Sends Mixed Messages

January 28, 2010

First, let’s look at today’s announcements by the Fed…. As expected, they held the Fed Funds Rate constant (more on what that means later). They re-affirmed their prior pledge to stop purchasing Mortgage Backed Securities by March 31. They said that they expect rates to stay in this range for an extended time. As was [...]

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