Analysis: Fed slowly moves away from loose monetary policy

04/28/2010 | Wall Street Journal, The

Federal Reserve officials are expected today to upgrade their economic assessment, but they are not expected to raise interest rates as unemployment hovers near 10% and the inflation rate remains low. The central bank's statement is expected to offer insight into its timeline, but whether the Fed will remain ultra cautious for too long has not been determined, according to The Wall Street Journal.

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Wall Street Journal, The

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