Chances of a rate cut dim with positive outlook
A more confident economic forecast by Federal Reserve officials at this month's monetary-policy meeting diminishes the chance for a cut in interest rates in the next several months. "Policy is on hold for as far as the eye can reasonably see," Joshua Shapiro, chief U.S. economist at consulting firm MFR, said in a note to clients. ClipSyndicate (05/31), MarketWatch (05/30), CNNMoney.com (05/30), Wall Street Journal, The (05/31)