Though a few members of the Federal Open Market Committee were uncertain about the benefits of buying $600 billion of longer-term Treasury securities by mid-year, they felt that the time was “not appropriate” to change quantitative easing at this point, according to minutes of the Feb. 15 FOMC meeting.

The panel will continue the asset-purchase program “in order to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with the committee’s mandate,” the minutes said.

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