Credit-easing policies have also been implemented through the purchase of high-quality assets aimed at improving mortgage lending and housing markets as well as overall conditions in private credit markets.
In November 2008, the Federal Reserve announced plans to purchase a total of up to $ trillion of agency MBS and up to $ billion of agency debt by the end of the year, and in March 2009, the Federal Reserve announced that it may also buy up to $ billion of Treasury securities by the fall.