Comments on: The Federal Reserve said Thursday it will purchase mortgage-backed assets at a rate of $40 billion per month in a bid to bolster the flagging U.S. economy. The Fed expects its programs to increase its holdings of long-term securities by about $85 billion a month through the end of the year. The central bank also extended its pledge to keep short-term interest rates at historically low levels until mid-2015. The major market averages rose mildly in choppy trading on the news.

Comments on: The Federal Reserve said Thursday it will purchase mortgage-backed assets at a rate of $40 billion per month in a bid to bolster the flagging U.S. economy. The Fed expects its programs to increase its holdings of long-term securities by about $85 billion a month through the end of the year. The central bank also extended its pledge to keep short-term interest rates at historically low levels until mid-2015. The major market averages rose mildly in choppy trading on the news. http://gretawire.foxnewsinsider.com/breaking-news/the-federal-reserve-said-thursday-it-will-purchase-mortgage-backed-assets-at-a-rate-of-40-billion-per-month-in-a-bid-to-bolster-the-flagging-u-s-economy-the-fed-expects-its-programs-to-increase-its/ The official blog of Greta Van Susteren. Breaking News, Pictures, Videos, Polls and Live Chat. Get the latest from Greta and tune into On The Record with Greta Van Susteren on Fox News Channel weeknights at 10 PM ET. Tue, 28 Jun 2011 02:34:00 +0000 hourly 1