The Federal Reserve is mulling additional asset purchases next year to boost jobs amid a fragile economy, the minutes of an FOMC meeting released Wednesday showed.
“A number of participants indicated that additional asset purchases would likely be appropriate next year after the conclusion of the maturity extension program in order to achieve a substantial improvement in the labor market,” said the minutes of the October 23-24 meeting of the Federal Open Market Committee.
Fed eyes more asset purchases in 2013