Nearly every economist expects the Fed to remain on hold at this meeting. What they and everyone else will be focusing on is the statement afterwards. The Fed retained their inflation bias at the last meeting, but alluded to increased risks to their growth projections. [U]January statemtment:[/U] [I]"Recent indicators have suggested somewhat [U]firmer[/U] economic growth, and some tentative signs of stabilization have appeared in the housing market".[/I] [U]March Statement:[/U] [I]"Recent indicators have been [U]mixed[/U] and the adjustment in the housing sector is ongoing".[/I] However, their statement on future ... (full story)