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FOMC Minutes: Economic Recovery Not Strong Enough To Change QE2

Tuesday, January 4, 2011 - 2:23 PM
The minutes of the FOMC December 14th meeting were released today:
While the economic outlook was seen as improving, members generally felt that the change in the outlook was not sufficient to warrant any adjustments to the asset-purchase program, and some noted that more time was needed to accumulate information on the economy before considering any adjustment.

So basically QE2 and the zero interest rate policy will continue.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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