Reuters Insider - Lacker flags risk of "channeling credit" with MBS buys

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29/08/2013 22:02

DateLine:           NEW YORK, Aug 29 (Reuters) - Richmond Fed         
                     President Jeffrey Lacker warns a Newport News, VA 
                     university audience that the Fed's aggressive     
                     buying of MBS under QE risks dragging the central 
                     bank into "distributional politics."              
                                                                       
 Time/Date:          18:00 GMT - Thu, 29 Aug 2013                      
                                                                       
 Title:              Lacker flags risk of "channeling credit" with MBS 
                     buys                                              
                                                                       
 Source:             Thomson Reuters                                   
                                                                       
 Description:        Richmond Fed President Jeffrey Lacker warns a     
                     Newport News, VA university audience that the     
                     Fed's aggressive buying of MBS under QE risks     
                     dragging the central bank into "distributional    
                     politics."                                        
                                                                       
                                                                       
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