Wednesday, February 15, 2012

FOMC Minutes: 'More Bond Buying May Be Necessary'

The Fed today released the minutes from its January FOMC conference.  The QE rhetoric is ramping up.

*A few fed officials said more bond buying may be necessary
*Some fed officials favored QE if inflation falls, growth slows


Full FOMC minutes can be found at the link below.
http://www.federalreserve.gov/monetarypolicy/fomcminutes20120125.htm