January 15, 2013 (vol. 123, iss. 53) • Page Image 5
…The Michigan Daily - michigandailycom Tuesday, January 15, 2013 -5 The Michigan Daily - michigandailycom Tuesday, January 15, 2013 - 5 BERNANKE From Page 1 down. He has also attempted to reduce long-term interest rates through large-scale asset purchases, such as mortgage- backed securities. Such activity has had positive effects on spending and investment and has also helped reduce mortgage interest rates. Collins asked Bernanke' to addres...…