The Federal Reserve's policy-making committee begins a key two-day meeting on Tuesday, as the U.S. and global economies show new signs of trouble. The Fed, like all central banks, is wary of trying to stimulate the economy in anticipation of a slowdown that may or may not materialize. But investors are expecting some sort of monetary booster shot, and "while the Fed hates being held hostage by market expectations, we doubt it will be prepared to disappoint global investors this week," says Lou Crandall, chief economist at Wrightson ICAP.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- How our botched understanding of 'science' ruins everything
- 43 TV shows to watch in 2014
- 6 things the happiest families all have in common
- The American middle class is no longer safe from poverty — and that might be a good thing
- Mike Huckabee's head-scratching advice to Christian voters
- 10 things you need to know today: September 19, 2014
- How Scotland's independence movement lost the vote and still won everything
- 6 super-helpful iOS8 tricks you probably don't know about
- The Obama administration's nonstop incoherence on ISIS
Subscribe to the Week