Nightly Business Report

Season 2010 Episode 08.11.10

Economy Slows - Fed Takes Action

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Aired Unknown Aug 11, 2010 on PBS
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Economy Slows - Fed Takes Action
AIRED:
The Fed kept interest rates essentially at zero. To help the economy, The Fed plans to take the money it earns on its portfolio of mortgage-backed securities and use it to buy U.S. Treasury bills.

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