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Fed to end bond-buying program amid worsening economic forecasts

The Federal Reserve says its $600-billion bond-buying program will lapse, as scheduled, at the end of the month and interest rates will remain near zero. Both moves were expected. Amid increasing political pressure and turbulent financial conditions in the world economy, the Federal Reserve is letting its massive bond-buying stimulus program expire in the next few days without a new initiative ...

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Source: Baltimore Sun

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