Federal Reserve minutes show dissent on next round of interventions

posted by
October 13, 2011
News Digests Wire    
Posted in News

"The Federal Reserve recently shifted $400 billion from short-term investments to longer-term US Treasury securities in an effort to hold down interest rates. The minutes of the Fed’s September 20-21 meeting show that at least two members advocated additional bond buys, while three opposed any new economic interventions at all." (10/13/11)


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