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News Link • Federal Reserve

Fed announces new mortgage bond-buying plan, keeps interest rates low

• Washington Post
The Federal Reserve on Thursday opened a major new offensive in the battle to reduce unemployment, launching its most extensive effort to stimulate the economy in the past two years. The Fed announced a round of bond purchases targeting the mortgage market, a policy commonly known as “quantitative easing.” 

1 Comments in Response to

Comment by Powell Gammill
Entered on:
Here Comes QE3

 


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