Your Scorecard for the Fed Meeting
The Federal Open Market Committee (FOMC) meets next Tuesday and Wednesday, and few are expecting any major changes in the Federal Reserve's statement. However, this meeting is notable for a few reasons.
One is that it will be the first meeting to include a new set of voting committee members. I will use this opportunity to examine where I believe each member stands on the hawk-dove scale. Second, the Fed may use this release to correct a misreading of the December meeting minutes. Therefore, I believe the risks around the release are on the dovish side. The reaction to the Bank of Japan's meeting overnight should bolster the Fed's resolve to be crystal clear in its communications....755 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
