Tuesday, October 19, 2010

Officials hint Fed on the verge of more easing - Yahoo! Finance

Officials hint Fed on the verge of more easing - Yahoo! Finance:

WASHINGTON (Reuters) - A string of Federal Reserve officials on Tuesday indicated the central bank will soon offer further monetary stimulus to the economy, with one saying $100 billion a month in bond buys may be appropriate.

While some internal reticence to the unconventional policy was still evident, the consensus view at the Fed sees the economy as weak enough to warrant further support, most likely through increased purchases of Treasury debt."

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