Fed Minutes: Progress Needed Before Slowing QE Pace

Fed Minutes: Progress Needed Before Slowing QE Pace Play

May 22 (Bloomberg) -- Many Federal Reserve officials said more progress in the labor market is needed before deciding to slow the pace of asset purchases, according to minutes of their April 30-May 1 meeting released today in Washington. Peter Cook reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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