Fed Plans to Buy $40 Billion in Mortgage Securities Each Month - Bloomberg

Bloomberg by Joshua Zumbrun | Sep. 13, 2012 (News Report)

The Federal Reserve said it will expand its holdings of long-term securities with open-ended purchases of $40 billion of mortgage debt a month in a bid to boost growth and reduce unemployment. Full Story »

Posted by Pamela Hogle - via Google News (Business), Memeorandum

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Subjects: U.S., Politics, Business
Topics: U.S. Economy, Finance
Member Tags: banking
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Posted by: Posted by Pamela Hogle - Sep 13, 2012 - 12:13 PM PDT
Reviewed by: va hill (review)
Content Type: Article
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 by va hill - Sep. 15, 2012
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