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Fed Minutes Point To Discussion About Weighting Asset Purchases Toward Longer Maturities

The minutes of the Federal Reserve's latest monetary policy meeting showed there was some discussion about weighting the central bank's purchases of Treasury securities toward longer maturities.

A statement released after the mid-December meeting revealed the Fed plans to continue purchasing bonds at a rate of at least $120 billion per month until "substantial further progress" has been made toward its policy goals.

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by RTTNews Staff Writer

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