US stocks edge up on hopes of Fed boost

Shares rose today after minutes from the latest Federal Reserve meeting kept hope alive that the central bank would take more action to stimulate the US economy.

Shares rose today after minutes from the latest Federal Reserve meeting kept hope alive that the central bank would take more action to stimulate the US economy.

The Fed had said after its September 21 meeting that it was concerned that inflation was too low, and suggested it could step up its purchases of government bonds and take other action to encourage lending.

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