News

Federal Reserve Decides to Trigger Third Easing to Help Economy

September 2012

Steve Wyatt, finance chair at the Farmer School of Business, was quoted in the Wall Street Journal, commenting on the Federal Reserve's decision to buy $40 billion a month in mortgage-backed securities.

"They're trying to give a little bit of a boost to the resurgent housing market."

Wyatt was also quoted in a Friday afternoon wire story that ran in Dow Jones, and was picked up in various other subscription feeds, including the DJ Chinese Financial wire and DJ US Equities wire. The story also migrated over into a larger piece that ran in The Wall Street Journal online.