The Federal Reserve says it will spend up to $300 billion to buy long-term government bonds. The move is aimed at lifting the country out of recession by lowering rates on mortgages and other consumer debt. The Fed will also boost its purchase of mortgage-backed securities to $1.25 trillion.
» E-Mail This » Add to Del.icio.us
Read more about Fed Buying Long-Term Government Bonds…
No comments:
Post a Comment