-
Why this week's Fed meeting could be 'March madness' for markets
Odds are high the Fed will move markets this week, no matter how hard it tries not to. With the surge in interest rates and rebounding economy, the Fed’s easy policies are in the spotlight, and increasingly the question has become when will it consider unwinding them. Fed Chairman Jerome Powell is likely to be asked questions about the Fed’s low interest rate policies and asset purchases during his press briefing, following the Fed’s two-day meeting that concludes Wednesday. Powell is unlikey to be specific but what he says could rock the already volatile bond market, and that in turn could drive stocks. It ... (full story)