Federal Reserve Ramps Up Deliberations on Asset Purchases, Rate Guidance

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Federal Reserve officials head into their next policy meeting deliberating how to assist an economy in a deeper hole than it faced after the 2008 financial crisis at a time when their tools might have less zip.

They are likely to debate how to adjust their plans to purchase Treasury and mortgage assets and how to make more concrete their assurances to keep interest rates near zero for some time.

Officials…



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