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Fed Ends Bond-buying Program, Keeps Rates Low

The U.S. central bank has ended an effort to stimulate the economy by purchasing billions of dollars worth of bonds each month. Wednesday's announcement by the Federal Reserve ended a program called "Quantitative Easing." It was intended to cut long-term interest rates on things like mortgages to encourage economic growth. The Fed's experts say the economy is improving and no longer needs that much assistance. In a written message, the Fed says problems in the...

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