US Federal Reserve (Fed) policymakers indicated at their recent meeting that adjustments may be made to the bond purchase program immediately as the central bank seeks other alternatives to support the economy.
In the early hours of Thursday morning, the Fed issued a report of the minutes of the meeting from the policy meeting last November 4-5, in which policymakers decided to stay with the interest rate unchanged at the 0-0.25% target range.
According to the latest minutes of the meeting, most participants in the Federal Open Market Committee (FOMC) assessed that the central bank would increase or adjust its asset purchase program, where the Fed had previously purchased $ 120 billion in Treasury bonds and mortgage-backed securities per month.
The central bank is also said to be able to choose to increase the purchase or extend the term of the bond.
Although policymakers say current purchase rates help maintain accommodative financial conditions, they state that changes can be made if necessary.
In addition, policymakers also hinted that they would end the purchase of bonds before starting to raise interest rates, which has been reduced to near zero earlier this year and is expected to remain at least until 2023.
