Live Fed blog
The Federal Reserve is entering a period of transition as a two-day meeting concludes today. Many questions remain on whether a recovery can take hold and on whether the central bank should start withdrawing from the extraordinary measures it took during the financial crisis. This may also be the beginning of the end of the Bernanke era at the Fed: President Obama must decide by next year whether to renominate the Fed chairman, whose term expires at the end of January.
Today’s statement from the Fed’s policy group, the Federal Open Market Commitee, may show changes in the Fed’s view of the economy and may also give hints of an exit strategy. Starting at 2 p.m. on this blog, Reuters columnists will discuss the Fed, the economy and the Fed statement, due out at 2:15 p.m. Please join us.
Update: This event is now closed. Below is an archive of the discussion, with the first comment at the top.