Fed moving closer to action: WSJ

WASHINGTON (MarketWatch) - Federal Reserve officials are moving closer to taking new action to try to spur the economy, according to a report Tuesday by the Wall Street Journal. Officials at the central bank are growing impatient with the sluggish growth and high unemployment and worried that growth is too slow. The report said that conversations inside the Fed had turned toward how and when to move but did not find a consensus for what steps the Fed might take at its meeting next week.