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Published in TZ Latest News 4 March, 2015 by The TZ Newswire Staff

U.S. Fed struggled with 2009 bailouts, bond-buying: transcripts

WASHINGTON/NEW YORK (Reuters) – The Federal Reserve struggled with the message being sent by its role in bank bailouts and worried about the impact of a bond-buying program aimed at easing the 2007-2009 financial crisis, according to transcripts released by the U.S. central bank on Wednesday. The transcripts from Fed meetings in 2009 reveal intense discussions on how to prop up the U.S. banking system and nurse an economy reeling from the biggest financial shocks since the Great Depression.

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