Fed Still Worried About Housing

Filed under: Market matters, Money and Finance Today, Economic data, Personal finance, Headline news, Housing, Federal Reserve, Recession

The minutes of the recent Federal Reserve Meeting showed a continued concern over housing. Some members of the committee favored continued purchases of mortgage backed securities. The Fed is scheduled to end its purchase of $1.25 trillion of mortgage backed securities by the end of March. Those in this group held that pulling the plug in March was too soon.

Some members were comfortable with the current stabilization in the housing market and argued that ending the program was the right policy move. Fed officials said that in general, they see continued improvement in the housing market going forward.

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Fed Still Worried About Housing originally appeared on BloggingStocks on Wed, 06 Jan 2010 19:00:00 EST. Please see our terms for use of feeds.

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