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Fed to Buy $600B in Securities to Hold Interest Rates Low

The Federal Reserve decided Wednesday to pump another $600 billion into the economy in the hopes of bolstering what it called a “disappointingly slow” recovery

The capital injection will come in the form of purchases of long-term Treasury securities by the central bank, about $75 billion a month between now and the end of June 2011.

Read More: http://bit.ly/aK3bwq

 

 

 

 

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