In Tight Decision, A Fed Centrist Wanted To Trim QE

wochit business
October 08, 2013 AT 11:35 AM
JOHNSTOWN, Pa./NEW YORK (Reuters) - A Federal Reserve official known for her centrist views said on Tuesday she wanted to reduce the U.S. central bank's asset purchases last month, adding her voice to the Fed's so-called policy hawks who have spoken out against the shock decision to leave monetary policy unchanged.