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Fed meeting readout may highlight potential policy dilemma - Netscape Money & Business

Fed meeting readout may highlight potential policy dilemma By Howard Schneider Reuters WASHINGTON (Reuters) -The Federal Reserve on Wednesday will release a readout of its April policy meeting, an event already overrun by data showing disappointing jobs growth and a spike in inflation that has kicked a debate about whether the U.S. central bank is off course into high gear. Fed officials have pledged to keep their ultra-loose, crisis-fighting policies in place, betting that the unexpected surge in consumer prices last month stems from temporary forces that will ease on their own, and that the U.S. jobs market needs far more time to get people back to work.

Ahead of jobs miss, some Fed officials edged towards taper debate

Ahead of jobs miss, some Fed officials edged towards taper debate By Howard Schneider and Ann Saphir Reuters WASHINGTON (Reuters) - A number of Fed officials appeared ready to consider changes to monetary policy based on a continued strong economic recovery, according to minutes of the U.S. central bank s April meeting, but data since then may have already changed the landscape. A number of participants suggested that if the economy continued to make rapid progress toward the (policy-setting) Committee’s goals, it might be appropriate at some point in upcoming meetings to begin discussing a plan for adjusting the pace of asset purchases, the minutes said in the most overt reference yet to a possible taper of the Fed s crisis-fighting bond purchases.

Stocks, equity futures drop on inflation concerns: markets wrap

Stocks, equity futures drop on inflation concerns: markets wrap
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