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Fed Digs Deeper to Lower Unemployment

In another bold move, the Federal Reserve will spend $85 billion a month to buy bonds and keep interest rates near zero until the US jobless rate falls below 6.5 percent, according to a statement following the Fed's final meeting of the year.

http://www.wbir.com/video/2033562937001/1/Fed-Digs-Deeper-to-Lower-Unemployment http://cdn.newslook.com/25/257bf4e44f1da36165bcf15e12671676/images/frame_0005.jpg Fed Digs Deeper to Lower Unemployment In another bold move, the Federal Reserve will spend $85 billion a month to buy bonds and keep interest rates near zero until the US jobless rate falls below 6.5 percent, according to a statement following the Fed's final meeting of the year. Federal Reserveben bernankeFinancenewslookUnited States of Americaus 02:23

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