Minutes indicate fed concern about stocks

US - Federal Reserve policy makers believe that a decline in the stock market could be the catalyst for another rate cut, according to the minutes of the 13 August meeting of the Federal Open Market Committee.

The comment is sure to raise eyebrows on Wall Street reported the New York Times, where reading Fed tea leaves is a big business, because it could reignite the debate over how much the stock market figures in Fed policy making.

The minutes of the August meeting were released two days afte

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