fed minutes, 2009-01-28
As of late January, however, with financial conditions strained and the economic outlook weak, most participants agreed that the Committee should continue to focus on supporting the functioning of financial markets and stimulating the economy through purchases of agency debt and mortgage-backed securities and other measures--including the implementation of the TALF--that will keep the size of the Federal Reserve's balance sheet at a high level for some time.
Sentiment: neutral
Topic: mp_economic_activity