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FOMC: Extending Mortgage Purchases through March

Discussion in 'Fundamental Analysis' started by ActionForex.com, Sep 23, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    In an effort to smooth out the transition to normal market functioning the committee decided to extend MBA/Agency buying programs to March. This was more or less expected and is parallel to the prior decision to gradually phase out the Treasury programme. Interestingly, the Fed changed its wording on the...

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