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Daily Archives: August 6, 2010

Will the Fed roll over asset purchases?

Two former Fed. Board of Governors (one being Fred Mishkin) discuss the issue.  Fed’s action in coming weeks is likely to have a big impact on both bond market and currency market.

Mishkin took the view that it would be a mistake for the Fed to continue buying asset-backed securities or buying treasuries directly.

update 1.

Another discussion on the same issue: