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

Started by chris, March 18, 2009, 10:59:12 PM

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chris

Fed to buy long-term U.S. government debt
      
   
      


WASHINGTON (Reuters) - The Federal Reserve on Wednesday said it would pump an additional $1 trillion into the U.S. economy to try to pull it out of a deep recession, partly by buying longer-term government debt for the first time in more than 40 years.<div class="feedflare">
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