Wednesday, September 23, 2009

Fed Statement: Key Phrases the Market Will be Watching

Everett Digital

It’s almost time for the world’s favorite financial parlor game: Parse! That! FOMC Statement!

That’s right, with absolutely no one expecting the Federal Reserve’s to tweak the benchmark Fed Funds rate, the market’s attention will be acutely focused on the bureaucratic prosody of the statement published by the Federal Open Market Committee, the chief rate-setting body at the central bank. It’s due at 2:15 p.m. EDT.

The financial markets areSource: MarketBeat RSS Feed

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