Fed minutes: More members open to stimulus measures

Federal Reserve policymakers are open to further efforts to stimulate the U.S. economy if growth falters or threats escalate.

Sponsored LinksMinutes of the central bank's April 24-25 meeting released Wednesday stated that "several members" thought additional Fed support could be needed if the recovery lost momentum or if the risks to the economy became great enough.

The minutes did not spell out what circumstances would trigger further Fed efforts to lower interest rates to boost the economy. But they did note some threats to the U.S. economy. One is Europe's debt crisis. Another is the risk that spending cuts and tax increases that could take effect at year's end if Congress can't reach a budget agreement could slow growth more than expected.

Read Full Article from USA TODAY

- Posted: 2012-05-16 14:33:44

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