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Fed Officials See More QE Cuts, Changes To Low-Rate Vow

Thursday, February 20, 2014 - 7:09 AM
From Reuters
Three Federal Reserve officials on Wednesday said they believe the U.S. economy is gaining traction despite a recent slowdown from severe weather, allowing the central bank to stick to its plan to wind down its massive bond-buying stimulus this year.
The minutes also showed the officials were nearing a decision on how to adjust a promise to keep interest rates low for a while, including the possibility of incorporating financial stability concerns in that promise.
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Ken TuminKen Tumin5,467 posts since
Nov 29, 2009
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