WASHINGTON, Nov. 25 (Xinhua) -- U.S. Federal Reserve officials may offer new guidance for asset purchases "fairly soon" as the central bank seeks to provide more support to the COVID-19 ravaged economy, according to the minutes of the Fed's latest policy meeting released Wednesday.
"Regarding asset purchases, participants judged that it would be appropriate over coming months for the Federal Reserve to increase its holdings of Treasury securities and agency MBS (mortgage-backed securities) at least at the current pace," said the minutes of the Fed meeting held on Nov. 4-5.