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Tag Archives: buying government bonds

Fed poised to unveil new program to aid economy

WASHINGTON — The Federal Reserve is poised to adopt a new plan to jolt the economy. It’s a high-stakes gamble that could shape Chairman Ben Bernanke’s legacy. The Fed is all but certain to detail its plan for buying more government bonds when it wraps up its two-day meeting Wednesday. Those purchases should further lower interest rates on mortgages and ...

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