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Archive Home > 2012 > December > 12 > Fed’s likely change in bond-buying system may aid economy

Fed’s likely change in bond-buying system may aid economy

By The Associated Press / The Bulletin
December 12, 2012

WASHINGTON — The Federal Reserve is expected to announce a revamped bond-buying plan today to maintain its support for the U.S. economy.

The Fed’s goal would be to keep downward pressure on long-term interest rates and encourage individuals and companies to borrow and spend.....

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