FOMC debate length of QE programme

federal reserve

Evidence of stronger economic activity and rising inflation could make it appropriate to reduce the pace or size of the Fed's asset purchase programme, minutes from the Federal Open Market Committee meeting, released on Tuesday, said.

At its March 15 meeting, the Committee maintained its existing policy of reinvesting principal payments from its securities holdings and reaffirmed its intention to purchase $600 billion of longer-term Treasury securities by the end of the second quarter of 2011.

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