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Archive Home > 2009 > April > 09 > Documents shed light on Fed’s $1.2T action

Documents shed light on Fed’s $1.2T action


April 9, 2009

WASHINGTON — The Federal Reserve’s decision last month to plow $1.2 trillion into the economy reflected growing concerns about a vicious economic cycle in which rising unemployment will curtail consumer spending, potentially into 2010.

Documents released Wednesday provided....

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