Skip to comments.Fed minutes show some concerns on bond purchases
Posted on 01/03/2013 12:31:05 PM PST by John W
WASHINGTON (AP) Federal Reserve policymakers expressed broad support last month for the Fed's plan to buy bonds to support the U.S. economy. But they differed over how long to keep buying bonds to drive down long-term interest rates.
Minutes of the Fed's December policy meeting show that some of the 12 voting members thought the bond purchases would be warranted through the end of this year.
Others felt the purchases should be slowed or stopped altogether before the end of 2013. This group was concerned that too much bond buying by the Fed might destabilize the economy.
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Pulled on 01/03/2013 11:55:03 AM PST by Admin Moderator, reason:
No link, no dice.
Good to see our moderators keeping up with the attitude of the general American population as it goes down the sewer.
The Fed govs are like congress - complain about spending but spend away. QE isn’t stopping anytime soon, unless people think we’ll hit 6.5 unemployment sometime soon.