WASHINGTON — The Fed decided to continue previously announced programs aimed at fostering a stronger economic recovery, the Federal Open Market Committee said in a statement released Wednesday following the FOMC's two-day meeting.

The committee said it would continue its "Operation Twist" program to extend the average maturity of its holdings through the end of the year, and is maintaining its existing policy reinvesting principal payments from its holding of agency debt and agency MBS in agency MBS.

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