Fed Minutes Suggest Action Likely – WSJ.com

By JON HILSENRATH And KRISTINA PETERSON

The Federal Reserve sent its strongest signal yet that it is preparing to take new steps to bolster the recovery, saying that measures would be needed fairly soon unless economic growth picks up substantially.

The statement was included in minutes released Wednesday from the Fed’s July 31-Aug. 1 policy meeting. The minutes also indicated that a new round of bond buying, known as quantitative easing, was high on its list of options.

via Fed Minutes Suggest Action Likely – WSJ.com.

One thought on “Fed Minutes Suggest Action Likely – WSJ.com

  1. […] am EDT Tags: Brent crude, CRB Commodities Index, Dollar Index, spot gold Raised expectations of further quantitative easing by the Fed caused the Dollar to fall sharply. Penetration of the rising trendline by the US Dollar Index would […]

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