Shawshank, VA 10/12/2011 (PennyPayDay) – The following are newswire headlines about the September FOMC minutes: Some Fed officials sought to retain option of QE3, saying it was more potent tool to spur growth
Many FOMC members said recovery was “more vulnerable” to shocks
Said contacts reported “loan demand was weak”
Saw “significant” risks to outlook for growth
Most FOMC officials said inflation appeared to have “moderated”
Many members said inflation risks “were roughly balanced”
Two FOMC members favored “stronger policy action”
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