Article Image
News Link • Federal Reserve

Fed extends 'Twist' program to drive rates lower

• AP
The Federal Reserve is trying again to jolt the American economy out of its stalled recovery. It's extending a program that aims to encourage borrowing and spending by reducing long-term interest rates.

Wednesday's decision followed months of concern that the economy is being held back by a weakened job market.


1 Comments in Response to

Comment by Powell Gammill
Entered on:

http://www.reuters.com/article/2012/06/20/us-usa-fed-idUSBRE85I1Q020120620


Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Attorney For Freedom