Grade 9-12
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Making Sen$e with Paul Solman: To taper stimulus efforts? Examining the Fed’s role in the economic recovery
Updated: December 16 2013,
Author: barrel fan
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Since the financial crisis of 2008, the Federal Reserve has created trillions of dollars to buy Treasury and mortgage-backed bonds. When is the right time for the Fed to begin slowing down their assistance? Economics correspondent Paul Solman examines how the Fed’s buying has impacted the economic recovery.