Northern, WI 8/30/2011 (PennyPayDay) -- The following are newswire headlines about the August FOMC minutes:
FOMC discussed a range of tools, such as asset buying, maturity shift and interest on reserves.
Fed mulled specifying inflation and unemployment rate for funds pre-commitment pledge
A “few members” of FOMC sought stronger action at meeting
Some Fed officials said more asset purchases could be used
Some on Fed said economy “vulnerable to adverse shocks”
Fed staff economists reduced estimate for potential growth
FOMC saw increased “degree of uncertainty” on economic growth
FOMC says it held a videoconference on debt cap issues on August 1
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