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BANKING & FINANCE - April 4, 1992

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From Times Staff and Wire Reports

Fed Panel Leaned Toward Easier Credit: Federal Reserve policy-makers voted 12-0 to leave interest rates unchanged in early February but agreed to be alert to the need for easing credit to stimulate a fragile economy, according to Fed minutes. The record of the Federal Open Market Committee meetings Feb. 4-5 showed the panel agreed to keep credit policy unchanged but with a bias toward easing its grip on the money supply in the future.

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