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
- What would a U.S.-Russia war look like?
- Scottish independence is another financial crisis waiting to happen
- 7 grammar rules you really should pay attention to
- The 10 best networking tips for people who hate networking
- 10 things you need to know today: September 1, 2014
- The Pentagon's troubled, expensive new fighter jet
- Fall movie guide: All the films you should see in September
- Why the West should let Russia have eastern Ukraine
- Hey, grammar nerds! Stop freaking out about 'alot.'
- America created the Islamic State of Iraq and Syria? Meet the ISIS 'truthers'
Subscribe to the Week