Inside these posts: June meeting minutes

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Fed minutes show it stands ready if recovery falters

Federal Reserve officials last month felt they should be ready to consider additional steps to boost the U.S. economy if theĀ  softening outlook took a noticeable turn for the worse.

“As a result of the change in financial conditions, most participants revised down slightly their outlook for economic growth,” minutes of the June 22-23 meeting of the Fed’s policy panel released Wednesday said. Get the full story »