“The Federal Reserve shows few signs of easing its aggressive efforts to stimulate growth before the middle of the year, according to the minutes of the most recent meeting of the central bank’s policy making committee. Some members of that committee have suggested in recent speeches that the Fed might reconsider its plans to buy $600 billion in Treasury securities by the end of June. The minutes, however, show little evidence that the idea has gained traction among a majority of the 10 officials who sit on the committee.” Read more.
“Fed, Sanguine About Inflation, Not Apt to Alter Stimulus Plan”
Binyamin Appelbaum
The Boston Globe, April 6, 2011.
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