The document discusses the Federal Open Market Committee's (FOMC) considerations regarding tapering asset purchases and maintaining low interest rates. It highlights the economic conditions, including moderate economic growth, elevated unemployment, and low inflation. The FOMC plans to continue purchasing agency mortgage-backed securities and Treasury securities to support economic recovery. The memo also mentions Stanley Fischer as a candidate for Fed vice chairman and his views on forward guidance.
doj/DataSet10/EFTA01450608.pdf
{"key_people":["Stanley Fischer"],"document_type":"correspondence","document_subtype":"memo","key_organizations":["Federal Open Market Committee"]}