September 14, 2012 in Nation/World

Fed support

 

• Bonds and dates: The Fed will purchase $40 billion each month in mortgage-backed securities to push long-term interest rates lower.

• Open-ended effort: The Fed will keep buying bonds and try other measures if necessary until the labor market shows sustained improvements.

Associated Press


There are four comments on this story. Click here to view comments >>

Get stories like this in a free daily email