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Expectations low for any major Fed moves this week
Oct 24th 2012, 06:39

WASHINGTON - Six weeks after rolling out a bold plan to boost the U.S. economy, the central bank is meeting again amid low expectations for further help. Private economists believe the Fed will send a simple message after its two-day meeting that it wants to give its previous actions time to work before doing more. "They have done enough right now. There is no reason to do any more at the moment," said Diane Swonk, chief economist at Mesirow Financial. She said she expects the Fed to deliver further help to the economy but not until the last meeting of the year on Dec. 11-12. The Fed's meeting will conclude with a brief announcement at mid-afternoon Wednesday. But there will be no news...

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