Nightmare of the Fed Statement Could Cause Havoc, Says Analyst

The insanity of the Fed/Obomb spending debt fooling U.S. as long as they can fool someone.

Fed Statement Could Cause Havoc, Says Analyst
Posted By: Lee Brodie | Web Editor
| 23 Jun 2009 | 06:06 PM ET

Investors are eager to hear from the Fed on Wednesday. And what they say could rock markets.

As you know all too well Tuesday was day one of the Federal Reserve's two-day meeting on monetary policy.

What should you expect?

The Fed is widely expected to keep its key rate near zero, but investors are unsure how optimistic the policy makers will be in their economic assessment — and whether the central bank is considering raising rates later this year to curb inflation.

Currently the Fed is walking a proverbial tightrope and in its statement must strike exactly the right tone so as to not trigger fears of inflation or deflation.

I’m hoping the Fed says we’re keeping rates where they are, muses Karen Finerman. Personally, I don’t expect anything dramatic.