04-03-2015 17:41 via news.yahoo.com

Fed struggled with 2009 bailouts, bond-buying: transcripts

WASHINGTON/NEW YORK (Reuters) - The Federal Reserve struggled with the message being sent by its involvement in bank bailouts in 2009 and worried about its implementation of a bond-buying program aimed at easing the financial crisis, according to transcripts released by the U.S. central bank on Wednesday. The transcripts from Fed meetings in 2009 reveal intense discussions on how to prop up the U.S. banking system and stimulate an economy reeling from the biggest financial shocks since the Great
Read more »