Vital Signs: A More Upbeat Fed?

The main event for the markets this week will be the Federal Reserve's two-day policy meeting, beginning on Tuesday and concluding with the Fed’s always eagerly–awaited policy statement at 2:15 p.m. on Wednesday. Analysts expect the Fed to sound a bit more upbeat about the economic outlook compared to its August statement, when it said economic activity was "leveling out." In fact, recently renominated Fed Chairman Ben Bernanke noted on Sept. 15 that the recession is "very likely over" at this point.

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