Exact(6)
But remarkably, at least one member of the Fed's policy making committee recently departed from the price-stability script.
Two other members of the policy making committee also suggested Wednesday that their willingness to consider action had increased.
But on another major round of bond buying, the members of the policy making committee were broadly in agreement.
These problems were sufficient for the Fed to announce a modest expansion in its efforts to stimulate growth after its policy making committee met in June.
In this paper, the term "group" stands for the decision making committee which includes number of peers as members of the group.
The Fed's main policy making committee is meeting in Washington, where it is discussing whether to stop buying financial assets with newly created money.
Similar(53)
The three hours of testimony provided little clarity about what the Fed's policy-making committee would do at its next scheduled meeting July 31 and Aug. 1.
Moreover, the Fed's policy-making committee already plans to hold a long-scheduled meeting Tuesday and Wednesday.
But the imminence of the election makes it inevitable that the decisions reached by the Fed's policy-making committee will be judged through a political lens.
The Fed announced after the August meeting of its policy-making committee that it intended to hold short-term interest rates near zero until the middle of 2013.
In recent communications, the Fed's top policy-making committee has strongly signaled that it plans to do more.
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