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FOMC Minutes

Posted February 15, 2012 by Editor


As might be expected, given the comparative deluge of information provided immediately after the January 24-25 FOMC meeting, minutes of the meeting contained no major revelations.

However, there does seem to be an indication that the fundamental dovishness of most participants was deeper seated than seemed to be the case earlier, and there is also the effective laying out of necessary conditions for further asset purchases.