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U.S. federal reserves say more easing may be needed if recovery falters
Several Federal Reserve policy makers said a loss of momentum in growth or increased risks to their economic outlook could warrant additional action to keep the recovery on track, minutes of their last meeting showed.
`Several members indicated that additional monetary policy accommodation could be necessary if the economic recovery lost momentum or the downside risks to the forecast became great enough,` according to minutes of the Federal Open Market Committee`s April 24-25 meeting released today in Washington.
Read the full article here.
Several Federal Reserve policy makers said a loss of momentum in growth or increased risks to their economic outlook could warrant additional action to keep the recovery on track, minutes of their last meeting showed.
`Several members indicated that additional monetary policy accommodation could be necessary if the economic recovery lost momentum or the downside risks to the forecast became great enough,` according to minutes of the Federal Open Market Committee`s April 24-25 meeting released today in Washington.
Read the full article here.