Economy/Business News Alert: Fed shifts $400 billion in bond holdings in effort to boost economy

---------------------------------------- Economy/Business News Alert: Fed shifts $400 billion in bond holdings in effort to boost economy September 21, 2011 3:06:50 PM ---------------------------------------- The Federal Reserve, seeing "significant downside risks" to the economy, said it will shift $400 billion in its holdings of short-term bonds into longer term holdings. The move is meant to help reduce longer-term interest rates, such as for home mortgages, and is intended to bolster a struggling economy. http://link.email.washingtonpost.com/r/C7I8XW/18MK25/RB7ZRL/8LE413/RQVDZ/9A/h For more information, visit PostBusiness.com ---------------------------------------- Get The Washington Post app for iPad, iPhone or iPod Touch: http://itunes.com/apps/thewashingtonpost ---------------------------------------- Get breaking news alerts sent to your mobile phone. Sign up by texting NEWS to 98999. To unsubscribe, click here ---------------------------------------- ©2011 The Washington Post Company Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, DC 20071