The U.S. economy has strengthened, but not enough for the government to pare down its bond-buying program, according to the latest Fed minutes. In late 2010, investments rose and the job market improved — but the housing marke…
In its latest meeting minutes, the Fed said it now expects the U.S. economy to grow more weakly in both 2010 and 2011, with as many as six years needed to return unemployment to normal levels of 5% to 6%.
Conti…
The minutes of the FOMC’s September meeting show more quantitative easing may be needed “before long,” but the bankers delayed any moves while waiting for more data.
Continue reading An Anxious Fed Decided to G…