The U.S. Federal Reserve would lean more close toward new stimulus actions unless incoming information signifies a substantial strengthening in the economic recovery, the central bank’s policy meeting minutes showed on Wednesday.
“Many members judged that additional monetary accommodation would likely be warranted fairly soon unless incoming information pointed to a substantial and sustainable strengthening in the pace of the economic recovery,” the Fed noted in minutes released on Wednesday for a Federal Open Market Committee (FOMC) meeting held from July 31 to Aug. 1.
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