How to Understand What the Fed Says
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June 18 (Bloomberg) -- The world will be paying closeattention tomorrow when the Federal Reserve announces theresults of its two-day policy-making meeting. The big questionis what, if anything, the announcement will communicate.
At its previous meeting, the Fed reaffirmed its promise tokeep injecting $85 billion a month into the economy “until theoutlook for the labor market has improved substantially in thecontext of price stability” -- a message markets took to meanthat stimulus would continue for the foreseeable future.