Cracks Show In Fed's Unified Front

Minutes from September's meeting of the Federal Reserve offered little in the way of news Wednesday afternoon, but there are signs that central bank officials are beginning to express differing views on the pace of economic recovery.

Throughout the financial crisis and U.S. recession, most actions taken by the Fed -- from cutting interest rates to implementing unprecedented lending programs to shore up credit markets -- came from a united front. But now that the economy seems to be on the mend, members are beginning to disagree on matters like further slowing of asset purchases and the potential inflationary impact of elevated reserve balances.