Glum Fed Keeping Easing Options Open, Minutes Show

WASHINGTON (Reuters) - The U.S. Federal Reserve is open to buying more Treasury bonds to stimulate the economy, but the recovery might need to weaken for a consensus to build, minutes from the central bank's June meeting released on Wednesday showed.

BING NEWS:
  • UPDATE 3-Glum Fed keeping easing options open, minutes show
    WASHINGTON, July 11 (Reuters) - The U.S. Federal Reserve is open to buying more Treasury bonds to stimulate the economy, but increase the size of its $2.9 trillion balance sheet. The minutes of the June 19-20 meeting showed a few officials on the policy ...
    07/10/2012 - 1:00 pm | View Link
  • Glum Fed keeping easing options open, minutes show
    The Fed last month expanded its latest effort to keep long-term interest rates low, announcing it would buy an additional $267 billion (172.18 billion pounds) in long-term bonds with proceeds from short-term notes in a measure known as Operation Twist.
    07/10/2012 - 1:00 pm | View Link
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