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  • PBS NewsHour

PBS NewsHour | News Wrap: European Central Bank Buys Bonds to Down Rates | PBS

Duration: 03:06
Program: PBS NewsHour
Broadcast Date: Aug. 2, 2012

In other news Thursday, the European Central Bank's Mario Draghi announced a plan to purchase government bonds in hope that it will drive down borrowing costs for distressed countries. Also, the U.S. House voted in favor of a Republican drought bill to help livestock producers.

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Post Date: August 2, 2012