JUST IN: TRUMP HAS JUST LAUNCHED HIS OWN QE.
President Trump has ordered government agencies to purchase mortgage-backed securities worth $200 million.
Buying mortgage bonds lowers mortgage interest rates, reducing monthly payments and increasing housing affordability for buyers and existing homeowners.
Lower mortgage payments mean households can save more cash each month. This boosts savings and disposable income, which typically flows back into spending across the economy.
This $200 million in funds was previously idle cash that was not being used. Now, the money is allocated into the financ
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