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.
(more…)
- Is Fed’s Bill-Buying Spree QE? Does It Matter?
- Is Fed's Bill-Buying Spree QE? Does It Matter?
- Minneapolis Fed's Kashkari says rates are 'close to neutral' but 'slightly contractionary'
- Minneapolis Fed President Neel Kashkari speaks with Yahoo Finance [Transcript]
- Fed plans second intervention to ease funding squeeze
- Personal Loan Lenders Make an Easy Way for you to Borrow Money during Financial Urgency
- Asian markets mixed ahead of key Fed meeting, oil drops again
- Fed’s Bullard Warns of Too-Low Inflation and Risk of Slowdown
- Fed's Rosengren urges patience on rates, with eye on consumer
- Asian markets mostly up after Fed rate cut, eyes on BoJ
U.S. Fed minutes show more urgency for monetary easing have 189 words, post on at August 23, 2012. This is cached page on Asean News. If you want remove this page, please contact us.