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

Started by riky, March 19, 2009, 01:02:19 AM

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riky

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

 


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.


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