Committee of policy-making of the Federal Reserve Board took decision to leave conditions of credit unchanged as per the meeting’s minutes which were released then. Grip of theirs easing on credit was signaled as there was a start in the increase of weakening economy signs. This was due to the fact that a chief rate of interest was permitted to reduce in 15 months for the first time. It was told by the economist that further evidence is there that conditions of credit are eased by the Fed prior to the completion of the midyear monetary policy review.