08/10/10

Fed To Buy More Government Debt; Rates Remain Low

AssociatedPress--August 10, 2010--
The Federal Reserve said it will use the proceeds from its investments in mortgage bonds to buy government debt on a small scale. Economists say that could help nudge down interest rates, but won't have a dramatic impact on stimulating growth.
The Associated Press 2010

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In The Left Nothing is Right & in The Right nothing is Left
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Fed To Buy More Government Debt; Rates Remain Low

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