Federal reserve


DARKER VIEW: The Federal Reserve says the economic recovery is losing momentum, a more downbeat assessment than just two months ago.

STIMULUS PLAN: The Federal Reserve said it will use money from its investments in mortgage securities to buy government debt on a small scale.
Fed, worried about recovery, will buy US debt
WASHINGTON - As recently as two months ago, the Federal Reserve sounded optimistic about the economic recovery.

NEW YORK - Treasury prices jumped Tuesday after the Federal Reserve said it will buy a small amount of government debt in a move to stimulate the economy.

NEW YORK - The stock market had a half-hearted comeback Tuesday after the Federal Reserve announced it would take small steps to stimulate the economy.
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