U.S. EconomyAP - The Federal Reserve will use more than $400 billion to try to drive down long-term interest rates, make home loans cheaper and invigorate the economy.
U.S. Economy
Million young adults get health coverage under law (AP)
AP - At least one part of President Barack Obama's health care overhaul has proven popular. With the economy sputtering, the number of young adults covered by health insurance grew by about a million as families flocked to take advantage of a new benefit in the law.
Instant view: Federal Reserve ramps up stimulus (Reuters)
Reuters - The Federal Reserve on Wednesday dialed up its aid to the beleaguered U.S. economy, launching an effort to put more downward pressure on long-term interest rates over time and help the battered housing sector.
How Fed policymakers affect the economy (AP)
AP - The Federal Reserve's chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy.
Fed's moves to aid economy since financial crisis (AP)
AP - The Federal Reserve has taken many unprecedented steps in the past three years to try to boost the economy and counter the effects of a financial crisis that triggered a painful recession. It's kept the short-term interest rate it controls at a record low near zero since December 2008.
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