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Eyes now turn to tomorrow's Fed meeting for signs of support for reeling financial markets and the economy. At least one analyst, Daiwa's Michael Moran, believes the Fed will attempt to show it's "on the job" by acting to lengthen the maturities of its balance sheet to put downward pressure on long-term interest rates.

Eyes now turn to tomorrow's Fed meeting for signs of support for reeling financial markets and the economy. At least one analyst, Daiwa's Michael Moran, believes the Fed will attempt to show it's "on the job" by acting to lengthen the maturities of its balance sheet to put downward pressure on long-term interest rates. Post your comment!
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