__________________________________News Alertfrom The Wall Street Journal The Federal Reserve unveiled a controversial new plan to buy U.S. Treasurys, hoping to spur growth in a slow U.S. economy. After two days of discussions, Fed officials decided to go ahead with a much anticipated program, saying they will buy $600 billion of U.S. government debt over the next eight months. The Fed's policy-setting body said it stands ready to purchase more bonds if the economy's persistent weakness leads inflation to remain too low and unemployment too high.
http://online.wsj.com/article/SB1000142 ... malertNEWS _______________________________