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

Started by chris, March 19, 2009, 12:59:11 AM

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chris

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


WASHINGTON (Reuters) - The Federal Reserve on Wednesday vowed to pump an additional $1 trillion into the U.S. economy in an aggressive bid to battle a deep recession, partly by buying government bonds for the first time since the 1960s.<div class="feedflare">
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