A Full Point for Bernanke & Co.?
Amid turmoil in credit markets and signs that the U.S. economy is slipping into recession, Federal Reserve policymakers meet on Mar. 18 to make a fateful monetary policy decision, with market speculation swirling around whether the central bank will cut the fed funds rate target by 75 or 100 basis points. Here's what Wall Street economists said on Mar. 17 about what they think the Fed will do, as compiled by BW and S&P MarketScope staff:
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