Fed debates longer-term crisis-fighting plan, minutes show
Among ideas U.S. central bankers discussed at April's policy-setting meeting, according to minutes released Wednesday: more detailed guidance for the path of short-term interest rates, and capping long-term interest rates.The Fed used the former in the last crisis; the latter would be a first for the Fed.There was no discussion of negative interest rates, a controversial approach to policy supported by U.S. President Donald Trump and in use in Europe and Japan, but seen by U.S. central bankers a
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