The Traderszone Network

Published in TZ Latest News 24 August, 2014 by The TZ Newswire Staff

Pressure builds within Fed to signal new policy course

Pressure is building within the Federal Reserve for officials to move as early as next month to more clearly acknowledge improvements in the U.S. “Some shift of language is on the table, and should be on the table in the coming meetings,” Atlanta Federal Reserve Bank President Dennis Lockhart, a policy centrist, said in an interview. Adding, dropping or adjusting even a few words in the Fed’s post-meeting statement is a potentially treacherous task.

read more