Consumer credit posts first rise in a year (Reuters)

Reuters – Total U.S. consumer credit rose $4.96 billion in January, its first rise in a year and the largest for any month since mid-2008, Federal Reserve data showed on Friday.

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US consumer credit rises first time in a year (AFP)

US Federal Reserve in Washington, DC. Borrowings by Americans rose for the first time in a year in January, the Federal Reserve said Friday in a sign that the US economic recovery is on track.(AFP/File/Karen Bleier)AFP – Borrowings by Americans rose for the first time in a year in January, the Federal Reserve said Friday in a sign that the US economic recovery is on track.

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Plosser: Fed should sell MBS sooner, not later (Reuters)

Reuters – The Federal Reserve should sell its U.S. mortgage-backed securities holdings sooner rather than later as the economic recovery gathers steam in order to extricate itself from fiscal policy, a senior central bank official said on Wednesday.

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Plosser: Fed should sell MBS sooner instead of later (Reuters)

Reuters – The Federal Reserve should sell its mortgage-backed securities holdings sooner rather than later as the economic recovery gathers steam in order to extricate itself from fiscal policy, a senior central bank official said on Wednesday.

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Plosser: Fed should sell MBS sooner instead of later (Reuters)

Reuters – The Federal Reserve should sell its mortgage-backed securities holdings sooner rather than later as the economic recovery gathers steam in order to extricate itself from fiscal policy, a senior central bank official said on Wednesday.

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Plosser: Fed should sell MBS sooner instead of later (Reuters)

Reuters – The Federal Reserve should sell its mortgage-backed securities holdings sooner rather than later as the economic recovery gathers steam in order to extricate itself from fiscal policy, a senior central bank official said on Wednesday.

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Plosser: Fed should sell MBS sooner instead of later (Reuters)

Reuters – The Federal Reserve should sell its mortgage-backed securities holdings sooner rather than later as the economic recovery gathers steam in order to extricate itself from fiscal policy, a senior central bank official said on Wednesday.

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December consumer credit down for 11th straight month (Reuters)

Reuters – A weak job market and tight credit conditions caused consumer credit to fall $1.73 billion in December, the eleventh straight monthly decline, a report from the Federal Reserve showed on Friday.

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Mortgage rates nearly flat this week (AP)

AP – Rates on 30-year mortgages remained almost flat this week as the Federal Reserve said it would keep rates near record lows to help the economy recover.

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Fed’s balance sheet liabilities hit record (Reuters)

Reuters – The U.S. Federal Reserve’s balance sheet rose to a record level in the latest week, boosted by its ongoing efforts to support the mortgage market, Fed data released on Thursday showed.

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