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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (30800)10/12/2010 3:35:25 PM
From: Giordano Bruno  Read Replies (1) of 71456
 
"Many participants noted that if economic growth remained too slow to make satisfactory progress toward reducing the unemployment rate or if inflation continued to come in below levels consistent with the FOMC's dual mandate, it would be appropriate to provide additional monetary policy accommodation. However, others thought that additional accommodation would be warranted only if the outlook worsened and the odds of deflation increased materially. Meeting participants discussed several possible approaches to providing additional accommodation but focused primarily on further purchases of longer-term Treasury securities and on possible steps to affect inflation expectations." - FOMC Minutes
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