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Reuters: BoE, Fed deny mortgage security buyout plan

Started by chris, March 22, 2008, 06:01:02 PM

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chris

BoE, Fed deny mortgage security buyout plan
      


LONDON/WASHINGTON (Reuters) - The Federal Reserve and Bank of England denied a report on Saturday that they were in talks over possibly using public funds to make mass purchases of mortgage-backed securities to ease the global credit crisis.
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