AGNC Investment Reports Stable Book Value, but Are Rough Waters Ahead?
If anything, the Federal Reserve has been unhappy because inflation has been too low for too long in the past. The latest inflation bout has been blamed on supply chain issues, product shortages, labor shortages, and rising wage growth, and the Fed is being forced to take action to address the problem. To address the coronavirus pandemic the Fed ramped up the purchase of Treasuries and mortgage-backed securities.