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Fed to start buying mortgage-backed securities (AP)

Started by riky, December 30, 2008, 11:02:03 PM

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riky

December 30, 2008, 11:02:03 PM
Fed to start buying mortgage-backed securities
    (AP)

 

AP - The Federal Reserve says it will begin purchasing up to $500 billion in mortgage-backed securities early next month in an effort to bolster the housing market.


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