Federal Reserve Board Governor Sarah Bloom Raskin Wednesday underlined her support for ongoing aggressive push by the Fed to support economic growth, saying that it will help the recovery gain a more secure foothold, with the measures potentially becoming "increasingly potent" as the housing market rebound continues.

Why? Because the 2008-2009 recession had a disproportionate impact on low- and middle-income American families, the majority of whom have their wealth tied to housing - particularly home prices - she said in remarks prepared for delivery at the Hyman Minsky conference hosted by the Levy Institute.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.