THE WALL STREET JOURNAL —

The Federal Reserve hinted it is becoming uneasy about the outlook 
 for the U.S. economy in 2011, but deferred taking any new steps to   boost the recovery amidst intense internal debate about what to do  next.

Fed officials signaled at the end of their one-day policy meeting  they are uncomfortable with the recent very low levels of inflation and said they expect the economy’s recovery from a deep recession  to be modest in the near term. This indicates that more bond  purchases to stimulate growth could soon take place.

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