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Real Estate & Property Law

: Housing Wire

Feds Play Down Inflationary Risk, Warn of Deflation

By DIANA GOLOBAY

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Through credit easing efforts — cutting the federal funds rate effectively to zero, purchasing commercial paper and buying up to $500 billion in agency MBS — the Federal Reserve has doubled its balance sheet in the past year to just under $2 trillion, Bernanke said at a press conference Wednesday. The swelled balance sheets don’t [...]

Full post as published by Housing Wire on February 18, 2009 (boomark / email).

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