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Most members supported a decision to extend purchases of agency debt and agency mortgage-backed securities through the first quarter of 2010, giving the central bank a longer runway to extricate itself from the program.
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Textbook Solutions for iOS includes this search functionality, too, though the new app focuses on problem sets, while Chegg's original, eponymous app lets students read eTextbooks on the go and helps them save money with price comparisons and extended purchase options.
THE NEWS Facing Japan's worst recession in decades, the Bank of Japan said it would buy one trillion yen, or $10.7 billion, in corporate bonds and extend its purchases of unsecured short-term notes from corporations.
Observers said the minutes, which do not identify which officials held which views, did not shed much light on whether the Fed would ultimately carry out its plan to buy $600 billion of Treasury securities — or even extend the purchases beyond June, if necessary.
The Fed emphasized that it would extend its purchases of acidic investments from banks, presumably freeing them to lend money to consumers.
Lucent Technologies, the nation's largest maker of communications equipment, said yesterday that MetroPCS, a wireless carrier based in Dallas, had agreed to extend a purchasing agreement.
Bullish players expecting FedEx to extend gains purchased at least 2,800 now in-the-money calls at the December $90 strike for an average premium of $2.13 a-pop.
The new asset purchases extend a commitment scheduled to end this month to buy $400 million in Treasuries, known as Operation Twist because the purchases are financed by sales from the Fed's holdings of short-term securities.
Mr. Schmieding said the E.C.B. needed to extend its bond purchases to support Portugal, Belgium, Italy and ultimately Spain, to stop additional countries from having to go for a rescue.
The bank, reacting to rising inflation and evidence that Britain has emerged from recession, announced that it would not extend its large purchases of government bonds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com