Fed says it will end debt-buying program

Date: Wednesday, August 12, 2009

WASHINGTON (AP) -  The Federal Reserve is delivering a vote of
confidence in the recovery, saying economic activity is "leveling
out." The central bank also signaled that it would soon end one of its
programs aimed at propping up the economy. The Fed said it would
gradually slow the pace of its program to buy Treasury securities so
that it will shut down at the end of October, versus September.