A few members of the FOMC meeting said the central bank may soon have to consider more asset purchases, while others said the economic outlook would have to deteriorate first. A few members said economic conditions “could warrant the initiation of additional securities purchases before long,” according to minutes of their Jan. 24-25 meeting. “Other members indicated that such policy action could become necessary if the economy lost momentum or if inflation seemed likely to remain” below 2% in the medium run. (Bloomberg)