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Fed Tries 'Operation Twist' to Spur Growth
The Federal Reserve says it will sell $400 billion of its shorter-term securities to buy longer-term holdings, its latest effort to boost a weak economy. The Fed's move to rebalance its $2.87 trillion...
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Dow Tanks at Open
Should you need another reason to pack it in and go back to bed: After falling 284 points yesterday following the Fed's announcement of Operation Twist , which investors interpreted as yet another...
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Fed Pumps $267B More Into 'Operation Twist'
The Federal Reserve is extending a program intended to further lower long-term interest rates, noting hiring has weakened, consumer spending is rising more slowly, and the economy needs more support....
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Weak Jobs Report Puts Pressure on Bernanke
Yesterday's tepid jobs report firms up evidence that the recovery is backsliding and increases the odds that the Federal Reserve will try to give it a jolt, reports the Wall Street Journal . The most...
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