Powell admits MBS buying 'should have' stopped sooner—and says Fed will be more ‘nimble’ in future cycles

Powell acknowledged that the central bank may have kept purchasing mortgage-backed securities (MBS) for too long—but he’s also unsure how much it actually contributed to the Pandemic Housing Boom

https://www.resiclubanalytics.com/p/housing-market-powell-admits-mbs-buying-should-have-stopped-sooner

--gee, ya think?-- (picrel)

not that any of you weirdoes have a clue about it.