Personal Finance Advice and Commentary

Thursday, August 25, 2011 1:07 pm
By Tarron Khemraj · Bankrate.com

During QE1 and QE2 — the first and second rounds of quantitative easing — the Federal Reserve made large-scale purchases of various securities ranging from housing agency debt (of Fannie Mae, Freddie Mac and Sallie Mae) and mortgage-backed securities, or MBS, to longer-term government bonds. The purchase of these assets was meant to create liquidity