Federal Reserve

Jobs Worries Keep Fed Focused on 'Stimulus'

'Cuz flooding the market with money solves everything


Even before the disappointing March jobs report, central bankers indicated hiring outweighed growing fears over the potential side effects of more bond purchases, suggesting stimulus will continue unabated for longer.

Minutes from the Federal Reserve's March 19-20 policy meeting revealed extensive debate on the risks of adding $85 billion a month in quantitative easing to a balance sheet that already tops $3.2 trillion.

But most policymakers remained focused on job growth.