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.

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    The Fed last month expanded its latest effort to keep long-term interest rates low, announcing it would buy an additional $267 billion in long-term bonds with proceeds from short-term debt in a measure known as Operation Twist. Even given that modest step ...
    07/11/2012 - 11:37 am | View Link
  • 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.
    07/11/2012 - 7:45 am | View Link
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