Sentences with phrase «mortgage bond buying program»

At the end of the 2013, the Federal Reserve finally announced that it will indeed scale back its mortgage bond buying program.

Not exact matches

His speech follows the Fed's decision at its Sept. 12 - 13 meeting to launch a new mortgage - bond buying program.

By the end of the year, the Fed had reduced interest rates to near zero and had launched controversial programs, such as buying bonds to lower mortgage and other long - term rates to spur borrowing.

For example, in response to the financial crisis, the Federal Reserve took the unusual step of embarking on a quantitative easing program in which it bought up mortgage - backed securities and government debt in the form of Treasury bonds.

And LSAP stands for large - scale asset purchases: programs where central banks print money to buy bonds, mortgage securities or stocks.

The bond buying program, known as Quantitative Easing (QE), was designed to lower longer - term borrowing rates by buying U.S. Treasuries and agency mortgage - backed securities (MBS).