What’s Up With the Fed
The Fed released its minutes from the December 16 Fed Meeting yesterday revealing that members agreed that economic conditions have improved. There were some members that expressed concern over the removal of government stimulus programs, specifically the MBS Purchase Program. It will be interesting to see what the Fed says about the MBS Purchase Program at the next Fed Statement on Jan 27th. The Fed does not want to create confusion and has clearly stated in each of the last two meetings that the Program will expire as scheduled on March 31st.
