FOMC Minutes – October 12, 2010
Nothing special here, FOMC is determinate to provide further monetary stimulus by purchasing longer-dated treasuries. The question which they debated on is whether to provide these measures in case the speed of growth doesn’t pick up or in case the economic condition worsen.
My take is, I would not bet that they will announce asset buying programe during November meeting, and if they would the size would be bellow what market expects.