|
4/26/10--Federal Reserve Board Vacancies; FDIC Banks Closings; USDA Update; Mortgage Insurance Bulletin |
|
|
Monday, 26 April 2010 07:01 |
|
Apparently the Fed thinks that we have money in our pockets, but is the economy really in good enough shape for the Fed to start selling their $1.25 trillion of mortgage-backed securities?
I don't think so, but maybe the press doesn't have enough else to talk about, so the Fed possibly lightning up on their balance sheet has been receiving some publicity. Federal Reserve Vice Chairman Donald Kohn declared on March 1 that he was planning to retire, and San Fran Federal Reserve's Janet Yellen was immediately mentioned. But the nomination still hasn't been made.
Link to article |