Tuesday, June 21, 2011

Fed's soon-to-end bond buying likely aided economy - Long Island Press

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Fed's soon-to-end bond buying likely aided economy
Long Island Press
The program was dubbed QE2 – not for the Queen Elizabeth ocean liner but as short-hand for “quantitative easing.” It's the wonky term economists use for a tool the Fed can use to drive down long-term interest rates. It does so by buying Treasury bonds. ...

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