More Fed members seem open to taking further steps

Published July 11, 2012 9:53pm ET



WASHINGTON (AP) — A growing number of Federal Reserve officials are open to taking further action to support the struggling U.S. economy. But minutes of the Fed’s latest meeting show policymakers at odds over whether the economy needs more help now.

At the June 19-20 meeting, “a few” members of the Fed’s policymaking committee said the economy may already require more support, the minutes show. That seemed to signal a shift from the Fed’s April meeting, when those who were open to further action said it depended on the economy worsening.

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