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Monday, March 15, 2010 - 8:03 AM
Fed may hint at how long rates will stay at lows [AP]
From AP News via Yahoo Finance
How best to telegraph the approach of higher rates is likely to dominate discussions when Bernanke and his colleagues meet Tuesday. In particular, the Fed will decide whether to keep, or water down, its year-long pledge to keep rates at "exceptionally low" levels for an "extended period." Economists generally think "extended period" means at least six more months.Do you think there will be any change in the Fed's language on future interest rates at Tuesday's meeting?
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