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All Eyes on the Fed this Week

Stockmasters Staff (April 28th, 2008) Writes:

Stockmasters, passing on this article about what to expect this week from the Fed, enjoy. Remember, whether the Fed cuts or not is somewhat meaningless at this point, it’s what they say that will turn the market up or down. If it looks like the economy is rebounding, then we’re off to the races.

Battling risky economic crosscurrents, the Federal Reserve is ready to bump down a key interest rate again to brace the wobbly economy. That rate cut could turn out to be the last one for a while as zooming energy and food prices heighten inflation concerns.

Fed Chairman Ben Bernanke and his colleagues are walking a tightrope. They are trying to shore up economic growth and at the same time they are mindful that they can’t let inflation get out of hand. It’s …


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