Column: Fed action rallies metals
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Column: Fed action rallies metals

Valparaíso : Chile | Sep 14, 2012 at 2:38 PM PDT
Source: The Journal Gazette
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According to the plan, the Federal Reserve will create new money to purchase $40 billion of mortgage-backed bonds each month indefinitely. This move by the Fed is intended to stimulate the sluggish housing market by making it more affordable to purchase houses by driving down mortgage rates. FULL ARTICLE AT The Journal Gazette
 
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