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Fed likely to take wait-and-see stance next week

From reuters.com

If you expect the Federal Reserve to launch another round of bond buying to stimulate growth at its meeting next week, you're almost certain to be disappointed. Similarly, if you think the Fed will declare that recent gains in the job market mean it's time to throttle back its extraordinary support for the recovery, you're also probably off base. Fresh off the decision in January to extend its promise on zero interest rates through late 2014, the U.S. central bank is keeping its options open on further bond buying, and it isn't expected to take any policy action at its meeting next Tuesday. "They're in ... (full story)

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