Borrowing costs are likely to hold steady as the Federal Reserve tries to avoid both stirring inflation and stifling a fragile economy.
Fed Chairman Ben Bernanke and his colleagues open a two-day meeting Tuesday afternoon, where they will put together their most up-to-date assessment of the economy's outlook and decide the best course on interest rates
The Fed is almost certain to hold its key interest rate steady at 2 percent when it wraps up its session on Wednesday.
However, if energy and food prices do show signs of spreading inflation through the economy, a rate increase at that time or later this year can't be ruled out, they said.
Not everyone has confidence that the Fed is making the right moves. "The federal government’s policy of the last several years," writes Fast Money fan Mark C., "has given us the dot com bubble, the telecom collapse and now the credit crisis."
And that leads to our Fast Money Reader Poll. Do you have confidence in the Fed to properly navigate this difficult economy?
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