WASHINGTON (MarketWatch)
A few Fed officials thought that more asset purchases
would be necessary at the Federal Reserve's policy meeting in June, according to
the minutes released on Wednesday
Several others said more action could be
warranted if economic conditions deteriorated, the minutes showed
Only four Fed
officials mentioned more quantitative easing in their individual forecasts, two
in support of more easing and two saying they would consider it
Since the
meeting, there has been weak reports for manufacturing and unemployment for
June, which may have pushed more Fed officials to support more easing
Fed
Chairman Ben Bernanke will discuss the outlook for monetary policy next week
before Congress and analysts say he may provide an update of the policymakers'
views after the weak data.
The minutes also show that several Fed officials want
to develop "new tools" to ease financial conditions
At the meeting, the Fed
lowered its economic forecast, extended its Operation Twist program to the end
of the year and highlighted that it was watching the labor market closely
The
Fed interest-rate setting committee will meet again on July 31-Aug. 1
Welcome
The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
jueves, 12 de julio de 2012
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