Bursa Malaysia (KLSE) Daily Info Edge Zone
Fed Minutes Show Growing Divide
Durian Edge
Publish date: Wed, 31 Aug 2011, 08:11 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
The release of the Fed minutes yesterday afternoon revealed a growing divide among Chairman Ben Bernanke and his fellow U.S. central bankers over the proper course of monetary policy.
The Fed minutes ' a recap of the Federal Open Market Committee (FOMC) meeting ' showed that at the most recent August 9th meeting, several members were in favor of further stimulus while others were concerned that additional rounds of quantitative easing could ignite inflation.
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