Fed Minutes: It’s Considering New COVID-19 Support Policies

Markets like to read the meeting minutes of the Federal Reserve’s FOMC even though much, if not most, of the time there’s not much new in them. But investors like to be reassured, and sometimes even if the Fed—being the Fed—fails to repeat some policy, that’s sometimes taken as a change in policy.

The minutes from the most recent meeting, June 9-10, reveal pretty much what the central bank has been saying all along: it’s going to keep rates low until 2022 and it stands ready to u...

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