Fed to Pump $1 Trillion More Into Economy


Will buy $750 billion of government-guaranteed mortgage-backed securities, $300 billion of longer-term Treasury securities in next six months.

Also decides to keep its benchmark interest rate at virtually zero, as expected.

Plus: Asia markets mixed after Fed’s announcement.

Related Topics: News, The Page

Post a Comment

You must be logged in to post a comment.

  • Tweets

    View More Tweets From @TIME


Get every new post delivered to your Inbox.

Join 297 other followers