Such action could be done without risk of higher inflation, she said.
The risk of high inflation is also a good reason to buy property.
They are thus designed to cut out the inflation risk of an investment.
For now, at least, some officials see little risk of immediate inflation.
A rate cut, these people say, would bring stronger growth with little risk of inflation.
The bank also played down the risk of inflation somewhat.
To avoid the risk of inflation, it simply cut off the money supply.
"The economy did not snap back this spring, and there is almost no inflation risk for the next year to 18 months."
"There are definitely risks of inflation to the up side."
Several Fed officials have said in the last week that they are still not certain whether there is an imminent risk of inflation.