Monetary hawks want to end bond purchases because they think quantitative easing creates big risks. The doves are showing more openness because they think the policies are working.
The era of independent central banks may be ending. That's not necessarily a bad thing.
A new study suggests that the Fed shouldn't have just cut interest rates. It should have made them negative.
Last month, the Fed took its biggest action in two years. But the minutes of the debate suggests it could have done much more.
A conversation with Michael Woodford, the world's leading monetary economist and arguably a big influence on QE3.
The Fed will buy $85 billion in new assets including $40 billion in mortgage backed securities every month until the end of the year.
One of the key questions hanging over the economy is whether the Fed will act. The minutes from their last meeting are the clearest sign we've had yet that they're leaning towards "yes."