“Fed members discussed the merits of different approaches to sparking more drive in the economy, from signalling that they would keep their benchmark interest rate at the current all-time low longer than currently understood, to undertaking more bond purchases aimed at pulling long-term interest rates down further.  Some said that a new Fed program to purchase Treasury and other bonds, pressing down their yields, ‘might boost business and consumer confidence’.  In the end, the FOMC put off any new action, but the minutes show the policy makers closer to moving on a new stimulus plan at their next meeting on September 12-13.”

http://www.rawstory.com/rs/2012/08/22/federal-reserve-leaning-toward-more-stimulus/

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