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The Federal Reserve opted for shock treatment today in its continuing efforts to ease the credit crunch: The central bank said it would buy up to $300 billion of longer-term U.S. Treasury securities for its own portfolio over the next...
ABC News In a Christmas Eve announcement, the US Treasury Department said that it would extend unlimited financial assistance to Fannie Mae and Freddie Mac, ... US extends guarantees on Fannie, Freddie through 2012AFP
Thu, Dec 24 | from TopNews United States