The New York Times reports that minutes of the most recent meeting of the Federal Reserve show that officials, many of whom are “reluctant to continue the Fed’s economic stimulus campaign in its current form,” considered “other ways of supporting an economy that still needs help.” However, the discussions “did not produce any immediate change in policy,” and officials “decided to press ahead with the current campaign, although the account said that a change could come ‘at one of its next few meetings.’” According to the minutes, the “leading candidate” is “a proposal to include in the Fed’s policy statement released after each meeting a formal declaration that the Fed is likely to keep short-term rates relatively low even after it eventually decides to end the long period, dating back to 2008, that it has held those rates near zero.” READ MORE