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The Business Insider: The Money Game Fed officials pushed for clearer guidance on future policy, meeting minutes show
  • Federal Reserve officials called for detailed forward guidance and mulled additional policy tools during their June meeting, according to minutes released Wednesday.
  • Policymakers expect "highly accommodative monetary policy" to last "for many years" until the economy poses a robust recovery.
  • Central bankers agreed clearer forward guidance is "important" to effectively guiding markets and legislators through the rebound.
  • Some officials called for guidance tied to inflation or unemployment goals, while others mulled forecasts hinging on specific time frames, the minutes showed.

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