Marketplace for Thursday, September 13, 2012
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The Federal Reserve has announced that it will pump $40 billion a month into mortgage bonds for "as long as it takes" to make buying viable again. It also plans to keep short-term interest rates near zero until at least 2015. Frank Newport breaks down the latest Pew numbers. Plus Marketplace's Amy Scott checks in with Oyler School, part of the burgeoning "community schools" movement, and China correspondent Rob Schmitz brings us more stories from China's famous (and infamous) Street of Eternal Happiness.
Posted In: Harly Davidson
Every Friday night, a motorcycle gang of Chinese executives and self-made millionaires meets at the Coffee Bean and Tea Leaf on The Street of Eternal Happiness. Here's their story.