Today: Will The Fed Fall Back on Treasury Purchases to Fuel Economic Growth?

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Sep 21, 2010

Will The Fed Fall Back on Treasury Purchases to Fuel Economic Growth?

Faced with a faltering recovery, the U.S. Federal Reserve today (Tuesday) will again consider ramping up purchases of Treasuries, a policy known as quantitative easing, to promote growth.
The Standard & Poor's 500 Index closed yesterday with a 1.5% gain on speculation that the Fed would at least indicate to investors that it is prepared to take further action to support the economy

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