Fed Expected To Leave Interest Rates Unchanged

Federal Reserve meeting on interest rates starts today. They are expected to leave interest rates at a record low this week. The big question is whether Chairman Ben Bernanke and his colleagues will hint about when they will reverse course and start boosting rates – which they will have to do inevitably.

Plans for reeling in the unprecedented amount of money the Fed has plowed into the economy to bolster the recovery are likely to dominate its discussions Tuesday and Wednesday. The Fed is expected to announce its policy decisions on Wednesday afternoon.