Key Passages From Fed Minutes Show Officials Torn on Tapering

http://blogs.wsj.com/economics/2013/10/09/key-passages-from-fed-minutes-show-officials-torn-on-tapering/?mod=WSJ_LatestHeadlines

Federal Reserve officials struggled with a decision to press forward with their $85 billion-per-month bond-buying program at their Sept. 17-18 policy meeting, minutes of the meeting showed. Officials understood that many market participants were expecting them to pull the program back, but they worried that the economic data weren’t living up to expectations, that threats loomed in financial markets and in Washington fiscal policy and that they might unsettle matters even more if they started to wind down the program in the face of such uncertainty.
Despite their angst, many officials still want to start winding down the program this year and end it next year.
Below are key passages from the minutes:
WHAT HELD THE FED BACK AT ITS LAST MEETING? ONE FACTOR WAS RISKS ON THE HORIZON: