Fed officials have reportedly agreed to sell some its $1.1T portfolio of mortgage-backed...

|By:, SA News Editor

Fed officials have reportedly agreed to sell some its $1.1T portfolio of mortgage-backed securities, but are unable to reach a consensus on how soon or how aggressively to do so. Most members want the Fed to wait until after it starts to raise short-term interest rates, which could be months away, but a minority is eager to move sooner.