Fed official says market misread latest move
The Fed doesn't know its own strength. So says Minneapolis Fed President Narayana Kocherlakota, who is due to become a voting member of the Federal Open Market Committee next year. Kocherlakota (right)...
View ArticleTreasury tiptoes toward housing exit
Don't look now, but the government is gingerly tugging at one of the smaller slats propping up the mortgage market. Treasury said Monday it will sell a big portfolio of mortgage-backed bonds over the...
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