62°
Baton Rouge, Louisiana
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Wed
75°
53°
60%
Thu
72°
50°
0%
Fri
78°
55°
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Content Tagged As 45_billon

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  • Fed to spend $45B to sustain bond purchases

    December 12, 2012 11:40 AM

    WASHINGTON- The Federal Reserve will spend $45 billion a month to sustain an aggressive drive to keep long-term interest rates low. And it set a goal of keeping a key short-term rate near zero until unemployment drops below 6.5 percent. The policies are intended to help an economy that the... more »

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Today
62°
61°
Wed
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75°
53°
Thu
Partly Cloudy
72°
50°
Fri
Mostly Sunny
78°
55°
Sat
Sunny
80°
54°