Federal Reserve

Meeting Minutes Show Fed Increasingly Divided Over Further Stimulus

Printing money by some other name


Federal Reserve policymakers are increasingly divided on the central bank's bond-buying stimulus, with more officials than previously thought wanting to pull back very soon.

About half of the Fed's officials believe the program should be halted by the end of the year, according to an account of their last meeting in mid-June. At that meeting, a few participants even wanted to see the purchases slowed or stopped immediately.