Minutes of the Federal Open Market Committee

MINUTES - The Federal Reserve on Thursday released the minutes of its regular FOMC meeting held on 25-26 June. Federal Reserve policymakers expressed optimism about the economy's recovery two months ago despite the business scandals that have eroded public confidence, according to minutes of their 25-26 June meeting. Members of the Federal Open Market Committee "saw favourable prospects for a significant acceleration" in the recovery, the minutes said.

A meeting of the Federal Open Market Comm