Comment on Fed Leans Toward Two-Step Plan To Boost Economy

Fed Leans Toward Two-Step Plan To Boost Economy

WASHINGTON — The Federal Reserve is leaning toward taking two steps to boost the economy: Buying more Treasury bonds to drive down loan rates, and signaling an openness to higher prices later to encourage more spending now.Fed Chairman Ben Bernanke and his colleagues appeared to be nearing consensus on those ideas at their September 21 meeting, according to minutes of the closed-door deliberations that were released Tuesday.Read More... More on Ben Bernanke

 

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