WASHINGTON – .The Federal Reserve is open toward taking further action to support the struggling U.S. economy. But minutes of the Fed's June meeting show policymakers are at odds over whether the economy needs more help now.
Fed officials signaled at the June 19-20 meeting their concern that the struggling U.S. economy could worsen if Congress fails to avert tax hikes and across-the-board spending cuts that kick in at the end of the year. And they expressed worries that Europe's debt crisis will weigh on U.S. growth
Fed Officials "Warn of Looming Crisis for Economy"
Current Status: Published/No Action (12)
Seeded on Wed Jul 11, 2012 12:43 PM

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