Mortgage backed securities (MBS) and excess reserves held at the Fed: MBS and Excess Reserves, held by
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Question:
Mortgage backed securities (MBS) and excess reserves held at the Fed:
MBS and Excess Reserves, held by Federal Reserve, 2002-2021.
a. Both were close to zero up until 2008.
c. MBS equaled $1.7 trillion from 2014-2018, and reached 2$.4 trillion in 2021.
c. Excess reserves, after peaking near $2.7 trillion in 2014, began falling but then rose up above $3 trillion in 2020.
d. all of the above.
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