Fed extends Operation Twist to lower long-term rates - USA Today
Jun 20, 2012 . In an updated forecast, the Fed says it doesn't expect growth to . The program, which began last September and was ending this month, involved the Fed buying $400 billion in long-term . Reply · 5 · Like · June 20 at 11:36am . Although mortgage rates are low, people can't borrow since lending is so .
http://www.usatoday.com/money/economy/story/2012-06-20/federal-reserve-policy/55711162/1
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