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Fed Assets Reach Record $2.35 Trillion on Mortgage Purchases

May 20, 2010 by admin · Leave a Comment 

May 20 (Bloomberg) — The Federal Reserve’s assets rose 0.6 percent to a record $2.35 trillion as the central bank recorded purchases of mortgage-backed securities on its balance sheet.

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Fed Assets Reach Record $2.35 Trillion on Mortgage Purchases