The economic recovery may lose steam, despite recent moderate improvements, according to the Fed minutes from their recent policy meeting. Policymakers indicated that they could raise rates as soon as they see continued signs of life in the economy, according to the minutes.
Wednesday, April 7, 2010
Pre Market Commentary
For the day, we expect a flat start and some resistance at even slightly higher levels. On the global front, the S&P and Nasdaq managed to inch higher while the Dow closed in the red. The Asian markets are mostly higher.
The economic recovery may lose steam, despite recent moderate improvements, according to the Fed minutes from their recent policy meeting. Policymakers indicated that they could raise rates as soon as they see continued signs of life in the economy, according to the minutes.
The economic recovery may lose steam, despite recent moderate improvements, according to the Fed minutes from their recent policy meeting. Policymakers indicated that they could raise rates as soon as they see continued signs of life in the economy, according to the minutes.
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