Fed is expected to hold rates steady, signal economic improvement
Federal Reserve officials are expected to perform a balancing act as they comment on interest rates, stimulus measures and the broader economy. "They've got, for a lot of reasons, to say that it looks like what we've been doing has been working," said Robert Eisenbeis, a former research director at the Atlanta Fed who is now chief monetary economist at Cumberland Advisors. "But if they're too exuberant about it, it's going to trigger expectations of a policy move quicker than perhaps they might like to do."
Bloomberg | 11/04
This story published in SIFMA SmartBrief on 11/04/2009
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