Fed members seek historic shift in money supply

Published January 5, 2018 5:01am ET



Some officials within the Federal Reserve want the central bank to consider a major shift in the way it conducts monetary policy, one that could provide significantly easier money in the case that another recession threatens the U.S.

A least “a few” members of the Federal Reserve system said at the December monetary policy meeting that they were interested in studying alternatives to the Fed’s current regime, minutes from the meeting released Wednesday revealed. The notes don’t identify who the officials were.

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