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Source: SOUTHERN FARM NETWORK, 7/20/17
Mary: I’m Mary Walden, with economist MW, welcoming you to the economic perspective. Today’s program looks at the Fed’s plans to unwind. Mike, during the recession the Federal Reserve purchased trillions of dollars of investments, such as Treasury securities and home mortgages, as a way to stabilize the financial markets. That was almost a decade ago. After years of anticipation, just recently the Fed announced plans to reduce their holdings of financial investments. Why is this important? For more of this story, click here.
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