Sign in
Download Opera News App

ERIC S

Fed may opt for faster phase-out of housing-backed bond purchases

(Reuters) - The Federal Reserve could stop adding to its holdings of mortgage-backed securities (MBS) several months before it finishes increasing its stockpile of Treasuries, if the findings of a Reuters poll of economists are a guide. The expectation the U.S. central bank could reduce its MBS purchases by a relatively larger proportion than its purchases of Treasuries coincides with a growing debate about the need for any buying of housing-backed assets, given the red-hot real estate market.

mobile.reuters.com ,  11d 0
Fed may opt for faster phase-out of housing-backed bond purchases

Fed's Rosengren says important to understand trade-offs of digital currencies

(Reuters) - The Federal Reserve is exploring the technology that would be required to establish a central bank digital currency, but more research needs to be done before it would move forward with a currency, Boston Fed Bank President Eric Rosengren said on Wednesday."It is important to highlight that this is exploratory work, and any decision to move forward with such a currency would depend on a variety of factors beyond the technological feasibility and implementation," Rosengren said in remarks prepared for a virtual event organized by Harvard Law School.

mobile.reuters.com ,  1m 0
Fed's Rosengren says important to understand trade-offs of digital currencies

Fed's Rosengren says U.S. economy should see significant rebound this year

(Reuters) - The U.S. economy could see a significant rebound this year thanks to accommodative monetary and fiscal policy, but the labor market still has much room for improvement, Boston Federal Reserve Bank President Eric Rosengren said on Monday."With labor-market slack still significant, and inflation still below the Federal Reserve’s 2 percent target, my perspective is that the current highly accommodative stance of monetary policy is appropriate," Rosengren said in remarks prepared for virtual discussion with business leaders.

mobile.reuters.com ,  2m 0
Fed's Rosengren says U.S. economy should see significant rebound this year