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Fed meeting minutes: No reason to reduce amount of buying $600 bn in treasury bonds

Jasminelover Posts: 4 Newbie

5 January 2011 at 6:35AM in Savings & investments

Federal Reserve December 14, 2010 meeting minutes released on Tuesday (January 4, 2011), showed that Fed policy makers believed that the U.S. economic recovery still need support of monetary policy.

Despite the U.S. economic outlook is bright, the Federal Reserve would not change its plan to buy 600 billion U.S. dollars in treasury bonds.

In addition, the Federal Reserve said the U.S. dollar was stronger than previously expected; U.S. Federal Reserve agreed to extend the exchange program.

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Fed meeting minutes: No reason to reduce amount of buying $600 bn in treasury bonds

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