Stock futures are indicating a higher opening Wednesday on Wall Street as investors await the Federal Reserve's latest assessment of the economy.
Policy makers aren't expected to increase the central bank's benchmark interest rate at the conclusion of a two-day meeting Wednesday afternoon, hoping to encourage an economic turnaround with record-low rates. But investors will be looking for the Fed's view of the 3.5 percent growth in the economy during the third quarter and whether such growth will be sustainable. The market would also like more guidance on how the Fed plans to withdraw its stimulus programs without threatening the recovery.
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Sri Lankan Food Recipes
Posted on November 16, 2009 at 4:00 AM
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