Comments for: Fed places big bet in new bid to rescue economy

Posted Sept. 13, 2012, at 7:49 p.m.

WASHINGTON — The Federal Reserve launched another aggressive stimulus program on Thursday, saying it will buy $40 billion of mortgage-backed debt per month until the outlook for jobs improves substantially as long as inflation remains contained. The central bank’s decision to tie its unconventional bond buying directly to economic conditions …

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