Federal Reserve May Move To Boost Economy

Aug 23, 2012
Originally published on August 23, 2012 4:14 am

Fed policymakers appeared to move closer to a decision to add more stimulus to the economy. That's according to minutes released of the Federal Open Market Committee's meeting. The minutes didn't say what the Fed is likely to do next, but indicated many officials supported keeping the federal funds rate at "exceptionally low levels" at least through late 2014.