Fed officials reportedly agree to sell MBS but lack timing consensus

05/7/2010 | Wall Street Journal, The

Officials at the Federal Reserve agreed that they need to shrink the central bank's holdings of mortgage-backed securities, but they are still debating the timing of sales, sources said. Some want to move soon, while others would prefer to wait until the Fed begins increasing short-term interest rates and financial conditions tighten.

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Wall Street Journal, The

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