Featured on 40:     Online Obsession     40 Force: Pets & Vets     Monster Jam Tix     ABC Celebrates     Weather Discussion    
share on facebook share on twitter
Breaking News
Teen Arrested Following Bomb Threat Against Monson High Read more

Fed Likely to Offer Few Clues on Rate Policies

(AP Photo/Manuel Balce Ceneta, File)

(AP Photo/Manuel Balce Ceneta, File)

WASHINGTON (AP) — Economists expect the Fed will be more reserved about what signals it sends following the wrap up of its two-day meeting Wednesday.

Federal Reserve Chairman Ben Bernanke rattled markets last month when he said the Fed might slow its bond purchases later this year if the economy strengthens.

This time, the experts expect policymakers will offer no major signals on interest-rate policies while stressing that any future changes don’t hinge on a set timetable. No actual policy changes are expected.

Financial markets have been pivoting for months on speculation about what the Fed might do with its $85-billion-a-month in Treasury and mortgage bond purchases. Those purchases have led more consumers and businesses to borrow, fueled a stock rally and supported a sluggish economy.


WGGB encourages readers to share their thoughts and engage in healthy dialogue about the issues. Comments containing personal attacks, profanity, offensive language or advertising will be removed. Please use the report comment function for any posts you feel should be reviewed. Thank you.
blog comments powered by Disqus