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NY Fed begins purchasing mortgage securities (AP)

Started by riky, January 05, 2009, 05:05:16 PM

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riky

January 05, 2009, 05:05:16 PM
NY Fed begins purchasing mortgage securities
    (AP)

 

AP - The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market.


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