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Fed to buy long-term U.S. government debt (Reuters)

Started by riky, March 18, 2009, 08:02:16 PM

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riky

Fed to buy long-term U.S. government debt
    (Reuters)

 


Reuters - The U.S. Federal Reserve on Wednesday, in a surprise move, said it will buy up to $300 billion worth of longer-term U.S. government debt over the next six months and expand purchases of mortgage-related debt to help ease credit market conditions.


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