Fed unlikely to substantially boost bond purchases

06/12/2009 | Wall Street Journal, The

When officials at the Federal Reserve meet later this month, they are not expected to significantly increase purchases of mortgage-backed securities and Treasuries. However, other adjustments are possible as bond yields rise and the economy appears to be improving. While some Fed officials are more confident that the economy is stabilizing, divisions are emerging over the next step.

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Wall Street Journal, The

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