2min chapter

Forward Guidance cover image

Europe and China: Already In Recession | Paul Hodges

Forward Guidance

CHAPTER

The Federal Reserve Is Not Tightening Mortgage Back Securities

The federal reserve has not let a single mortgage back security roll off its portfolio without buying it back, net net. The last time that wewere riting about this in the last reportt interest rates were eight point three %,. History says at to day's level of infmation, we should, if we're trying to control invasion, be at ten % interest rates. How many homes can i afford to buy? So i think you know that we're on a path.

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