Fed continues program of buying down interest rates The stock - TopicsExpress

Fed continues program of buying down interest rates The stock markets too off to new record highs on the news the Fed was going to continue buying up to $85 billion in bonds each month to keep interest rates down and spur economic growth. Two concerns mentioned by the Fed that led to this decision were increasing home mortgage rates ( up over 1% since last Spring ) and conclusive evidence the job market and economy are approaching full health. To date, the economy and job market results have remained mixed.

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