The Fed’s Federal Open Market Committee meets on Wednesday and the feeling is that there will be no change in the central bank’s policy rate of interest.
Fed watchers, however, will be looking for changes in the “feel and tone” of what Federal Reserve officials write and say.
According to Nick Timiraos in the Wall Street Journal,
“The central bank signaled in January it wouldn’t raise rates until Fed officials could better determine how several headwinds—weaker global growth, a sharp increase in market volatility late last year and political uncertainties over trade and Brexit—are