Federal Reserve Press Conference LIVE: Economic Outlook & Bond Purchasing Program
Today the Federal Open Market Committee releases a statement and new economic forecasts at 2 p.m. after a two-day meeting in Washington and Chairman Ben S. Bernanke holds a press conference at 2:30 p.m.
Key questions: "Will the Fed scale back its $85 billion-a-month in bond purchases within "the next few meetings,” as Bernanke suggested during his remarks to Congress? Or does the job market remain too weak for the Fed to slow its stimulus, as Bernanke said at another point?"
We'll be posting analysis of the economic outlook announcement, the bond purchasing program, and investors' reactions.