Fed makes aggressive move to juice U.S. economy "The Federal Reserve said Thursday that it will deploy a third, multi-billion-dollar bond-buying program, and pledged to keep its benchmark interest rate near zero until at least mid-2015, extending its previous guidance by half a year. In a statement, the Feds policy committee said new monetary stimulus is necessary because the economy isnt growing fast enough to lower the unemployment rate. Both measures announced Thursday should put downward pressure on interest rates. The hope is that will be enough to coax businesses and households to spend and invest, generating demand that could lead to new jobs." .