Fed to ramp up purchases of mortgage securities in January (AFP)

The US Federal Reserve Building is seen from the air over Washington, DC. The Federal Reserve said Tuesday it would begin buying mortgage-backed securities in early January under a previously announced plan to purchase up to 600 billion dollars of these assets.(AFP/File/Saul Loeb)AFP – The Federal Reserve said Tuesday it would begin buying mortgage-backed securities in early January under a previously announced plan to purchase up to 600 billion dollars of these assets.

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