The Federal Reserve System and OpenMarket Operations_ Ask FREDThe accompanying graph depicts thevalue of mortgage-backed securities heldby the Federal Reserve over time.ALFRED IlMorgage-backed securities held by the Federal Reserve: AllMaturities Vintage2018-02-081,800,0001,600,0001,400,0001,200,000O 1.000,000800,000600,000400,000200,000-200,00020042006200820102012201420162005Source: Board of Governors of the Federal Reserve System (US)a. What was the value of mortgage-backed securities the Fed held prior to 2009?Enter your answer in millions of dollarsmillion

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Asked Mar 12, 2019
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The Federal Reserve System and Open
Market Operations_ Ask FRED
The accompanying graph depicts the
value of mortgage-backed securities held
by the Federal Reserve over time.
ALFRED IlMorgage-backed securities held by the Federal Reserve: All
Maturities Vintage
2018-02-08
1,800,000
1,600,000
1,400,000
1,200,000
O 1.000,000
800,000
600,000
400,000
200,000
-200,000
2004
2006
2008
2010
2012
2014
2016
2005
Source: Board of Governors of the Federal Reserve System (US)
a. What was the value of mortgage-backed securities the Fed held prior to 2009?
Enter your answer in millions of dollars
million
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The Federal Reserve System and Open Market Operations_ Ask FRED The accompanying graph depicts the value of mortgage-backed securities held by the Federal Reserve over time. ALFRED IlMorgage-backed securities held by the Federal Reserve: All Maturities Vintage 2018-02-08 1,800,000 1,600,000 1,400,000 1,200,000 O 1.000,000 800,000 600,000 400,000 200,000 -200,000 2004 2006 2008 2010 2012 2014 2016 2005 Source: Board of Governors of the Federal Reserve System (US) a. What was the value of mortgage-backed securities the Fed held prior to 2009? Enter your answer in millions of dollars million

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Mortgage Backed Securities (MBS) held by Fed before 2009 is 0. 

As we can see from...

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