COVID-19 Lockdown Forces the Federal Reserve to Own More US Mortgage Bonds Again
Posted on 09/03/2020
Since March 2020, the Federal Reserve Bank of New York (FRBNY) purchased around US$ 1 trillion of mortgage bonds. The Federal Reserve purchased roughly US$ 300 billion of mortgage bonds in each of March 2020 and April 2020. And for each month after, about US$ 100 billion of mortgage bonds per month. The central bank […]
