The Federal Reserve announced on Aug 17th it would extend the emergency rescue loan program, Term Asset-Backed Securities Loan Facility (TALF) with capacity of up to $1 trillion, by another 3 to 6 months.  The Fed and Treasury justify this …

Federal Reserve TALF Program Extended Read more »

On Tuesday, August 11th, the Federal Reserve purchased an additional $2.7 billion of US Department of Treasury bonds maturing from August 2026 through May 2039, essentially 17-30 year bond maturity dates. In March, the Federal Reserve stated it would purchase up …

Fed has purchased $252 billion of Treasuries Read more »

Unconventional monetary policy announced by the Federal Reserve Open Market Committee on March 18 2009: “To provide greater support to mortgage lending and housing markets, the Committee decided today to increase the size of the Federal Reserve’s balance sheet further …

Federal Reserve purchase of GSE Debt and Securities Read more »