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Back to Home » December 2012 News » Fed to spend $45B to sustain bond purchases |
Fed to spend $45B to sustain bond purchases |
December 12, 2012
WASHINGTON (AP) -- The Federal Reserve will spend $45 billion a month to sustain an aggressive drive to keep long-term interest rates low. And it set a goal of keeping a key short-term rate near zero until unemployment drops below 6.5 percent....
Source URL: http://hosted.ap.org/dynamic/stories/U/US_FEDERAL_RESERVE?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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