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The Fed's Holdings of Mortgage-Backed Securities Is Shown in Figure

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The Fed's holdings of mortgage-backed securities is shown in Figure 14.8, in billions of dollars. What is the cause of these changes in Fed holding of these assets?Figure 14.8: Fed Holdings of Mortgage Backed Securities The Fed's holdings of mortgage-backed securities is shown in Figure 14.8, in billions of dollars. What is the cause of these changes in Fed holding of these assets?Figure 14.8: Fed Holdings of Mortgage Backed Securities    (Source: FRED II)
(Source: FRED II)

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First, the Fed was worried that bank hol...

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