B · Normal
[FOMC meeting minutes show officials urged to develop plans for market pressure] On October 8, the minutes of the last U.S. Federal Open Market Committee (FOMC) meeting showed that in terms of balance sheet policy, some participants believed that the U.S. Treasury market was operating smoothly, but also pointed out the importance of developing plans to respond to market pressures. The minutes of the meeting showed that participants recommended strengthening the Fed's strategies, communication mechanisms and policy tools to deal with possible market failures, while trying to limit the central bank's involvement in the U.S. Treasury market.
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