Minutes: Fed Divided Over When to End Stimulus
Federal Reserve policymakers are divided over when to end extraordinary measures intended to encourage more borrowing and spending to help stimulate the U.S. economy.
Fed Minutes
Some Fed Officials Worried Bond Purchases May Fuel Inflation
Several Federal Reserve policymakers warned last month that the Fed's plan to keep buying $85 billion in bonds each month until the job market is healthy could eventually escalate inflation, unsettle financial markets or cost the Fed money when it sells its investments.
S&P 500 Has Biggest Decline of 2013 After Fed Minutes Released
Stocks are closing lower on Wall Street following news that several top Federal Reserve officials are doubtful about continuing the central bank's economic stimulus. The S&P 500 index had its biggest loss of the year.
Markets Subdued as Focus Turns to Fed, Housing and Producer Price Data
Markets were subdued Wednesday ahead of a run of U.S. economic news that should provide a clearer steer on the state of the world's largest economy and what further steps the Federal Reserve might take in the months ahead.
QE2 Continues: Fed Finds Some Economic Improvement
The U.S. economy has strengthened, but not enough for the government to pare down its bond-buying program, according to the latest Fed minutes. In late 2010, investments rose and the job market improved -- but the housing market remained depressed.
The Fed Sees a Slower Recovery and Jobs Rebound
The Fed says it expects the U.S. economy to grow weakly in both 2010 and 2011, with as many as six years needed to return unemployment to normal levels.
An Anxious Fed: Economy Needs More Time
The minutes of the FOMC's September meeting show more quantitative easing may be needed "before long," but the bankers delayed any moves while waiting for more data.
Fed Minutes Confirm Intense Debate Over Recovery
At its August meeting, the Fed agreed to maintain the current monetary policy, but the decision was hardly universal. Some members said the recovery was on track and expressed concern that the decision to reinvest Treasury proceeds would send the wrong signal.
The Fed Sees a Slower Economic Recovery
The minutes from its June meeting raise some warning flags about growth and unemployment. Still, the Fed's latest forecasts are just slightly more pessimistic, and it has ruled out any further stimulus actions -- at least for now.