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Retirement Savings by Baby Boomers Blunt Effectiveness of Federal Reserve Board's Easing
Bloomberg Link to more items from this source
Nov. 13, 2012
"Federal Reserve officials say they're concerned that retirees like the Rodwicks are blunting the impact of record easing aimed at creating jobs. The reason: Older people are more likely to forgo purchases of houses, cars and other big-ticket items that the Fed is trying to encourage with near-zero interest rates. And their numbers are growing, making the Fed's task ever harder."

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