Fed Hopes to Lower Interest Rates, But Will It Help?

In order to ?support a stronger economy? and keep inflation at the right level, the Federal Reserve decided today to purchase bonds with longer maturities, while selling off its shorter-term bonds, in hopes that long-term interest rates will continue to fall. The Federal Open Market Committee announced that it will buy $400 billion worth of [...]

Source: http://www.loan.com/blog/2011/09/21/fed-hopes-to-lower-interest-rates-but-will-it-help/

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