 |
| Go Away Federal Reserve System! (Photo credit: r0b0r0b) |
Federal Reserve policymakers kept the door open to a fresh round of monetary stimulus, citing downside risks to a moderately expanding economy, according to minutes for the central bank's April meeting.
Several members of the Fed's policy-setting committee "indicated that additional monetary policy accommodation could be necessary if the economic recovery lost momentum or the downside risks to the forecast became great enough," minutes from the April 24-25 meeting said.
Minutes from the Fed's March meeting had said "a couple" members thought more stimulus might be needed.
The Fed remained sober about economic prospects. Members said the economy had been "expanding moderately" and generally agreed the economic outlook was broadly similar to that at the time of their March meeting... Continue to read.
No comments:
Post a Comment