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Fed Statement Could Cause Havoc, Says Analyst

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Lee Brodie
CNBC
Tuesday, June 23, 2009

Investors are eager to hear from the Fed on Wednesday. And what they say could rock markets.

As you know all too well Tuesday was day one of the Federal Reserve’s two-day meeting on monetary policy.

What should you expect?

The Fed is widely expected to keep its key rate near zero, but investors are unsure how optimistic the policy makers will be in their economic assessment — and whether the central bank is considering raising rates later this year to curb inflation.

 

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This article was posted: Wednesday, June 24, 2009 at 4:19 am





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