Fed wraps up meeting as markets await action
WASHINGTON — The Federal Reserve concludes its two-day policy meeting Wednesday with a big question looming: Will it take some new action to jolt the U.S. economy out of its slump?
Investors are hoping the Fed will announce another round of bond purchases, known as quantitative easing. The goal is to lower long-term interest rates and encourage more borrowing and spending.
But economists say the Fed is likely to hold off until September to wait and see if job growth and consumer spending to pick up.
If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at email@example.com