, Columnist
What the Fed Will and Won’t Do
The central bank won't raise rates, but its assessment of the economy could hint at future decisions.
A focus on communication.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
The Federal Reserve is not expected to raise interest rates on Wednesday, and it won’t. Instead, through both its statement and the news conference by Chair Janet Yellen, it will communicate an updated assessment of the U.S. economy and the implications for future policies.