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

Started by riky, March 18, 2009, 10:02:18 PM

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riky

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

 


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.


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