Fed Adopts Thresholds, Expands Asset Purchases

Fed Adopts Thresholds, Expands Asset Purchases Play

Dec. 12 (Bloomberg) -- Bloomberg's Peter Cook reports that the Federal Reserve said it will buy $45 billion a month of Treasury securities starting in January, expanding its asset-purchase program, and it linked the outlook for its main interest rate to unemployment and inflation. He speaks on Bloomberg Television's "Lunch Money."

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