Inside these posts: $600 billion

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Fed minutes show clash over latest stimulus

Federal Reserve policymakers clashed over the benefits and risks of launching a $600 billion program to rejuvenate the economy, but voted for it anyway, according to minutes of their closed-door deliberations released Tuesday.

Despite a 10-1 vote for the program, the minutes from the Nov. 2-3 meeting show that some Fed officials had concerns about embarking on a second round of stimulus. Get the full story »