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Reuters: Fed to launch MBS buying agency in January

Started by chris, December 30, 2008, 11:59:31 PM

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chris

Fed to launch MBS buying agency in January
      


WASHINGTON (Reuters) - The Federal Reserve confirmed on Tuesday it will begin buying mortgage-backed securities in early January with an aim of purchasing $500 billion dollars worth by the end of June under a program announced last month.<div class="feedflare">
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