Fed Keeps $600 Billion Bond-Buying Plan to Boost Economy

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Dec. 14 (Bloomberg) -- Federal Reserve officials kept their plan to buy $600 billion of Treasuries through June, maintaining an expansion of record stimulus. Unemployment is too high, the Federal Open Market Committee said, as it repeated its pledge to leave the benchmark interest rate low for an “extended period.” Bloomberg's Lizzie O'Leary reports. (Source: Bloomberg)

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