As of April 2015, the Fed no longer holds any mortgage-backed securities or federal agency debt securities as assets. O True O False

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asked Aug 8, 2021 38.9k views

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Jorgenfb · Answer 1 · 2021-08-12T12:53:57+0000

Answer:

False

Step-by-step explanation:

The given statement is false because Federal Reserve System (The FED) Does hold Mortgage backed securities and Federal agency debt securities in the month of April 2015 According to their annual report clearly mentioned in the Statistical Tools Table 1 of Federal Reserve, in the month of April 2015 Note 5.

As of April 2015, the Fed no longer holds any mortgage-backed securities or federal agency debt securities as assets. O True O False

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