The Fed has gotten high marks for moving aggressively to unlock credit markets and keep money moving in an unprecedented crisis. What’s next is now the challenge.
How much the Fed will reveal about its future intentions and what it says about its view of the economy could be the keys to this week’s two-day meeting, and bond market strategists say a number of outcomes could be market moving.
The Fed is not expected to take any action on rates or policy at its meeting, which ends with a statement Wednesday afternoon and is followed by a briefing by Chairman Jerome Powell.
Powell has already taken more actions and at a faster pace than any chairman before him. The Fed has slashed benchmark interest rates to near zero and announced numerous programs to help different parts of the markets and economy.
