On September 13, 2012, Don Lee and Jim Puzzanghera write in the Los Angeles Times that the Federal Reserve, hoping to give another shot in the arm to the pallid recovery, announced it would launch a new round of a controversial bond-buying stimulus program. The central bank also further extended its pledge to keep short-term interest rates near zero, now through the middle of 2015.
http://www.latimes.com/business/money/la-fi-mo-fed-policy-20120913,0,7166485.story
