Weak Inflation in Focus at Fed’s July Policy Meeting

Article source
Wall Street Journal

Federal Reserve officials are likely to hold monetary policy steady at the conclusion of their two-day meeting Wednesday.

With no press conference scheduled after the meeting and no new economic forecasts to be released, any changes in their policy statement will be scrutinized for clues about the path for interest rates and when they might start shrinking the Fed’s portfolio of Treasury and mortgage bonds. Here are four things to watch in the statement, which is scheduled for release at 2 p.m. EDT Wednesday.

To continue reading, click here.