1. Also weakening the mark today was growing speculation the Bundesbank will lower a key money market rate at a policy meeting Thursday. 2. Analysts agreed that the wholesale inflation numbers should give the Fed the breathing room it needs to weigh interest-rate cuts at its policy meeting on Tuesday. 3. Analysts said the Federal Reserve might still feel compelled to raise rates again this year, perhaps at its next monetary policy meeting in July. 4. And in the December policy meeting the Fed went to a neutral stance from one that assumed that the next rate move would be up. 5. As a result, Palash said the Federal Reserve will refrain from lowering interest rates at a policy meeting next Tuesday. 6. At policy meetings in August and September, the Fed left rates unchanged. 7. At a policy meeting on Friday, the central bank left its monetary stance unchanged. 8. At the same time, the panel is not likely to act at its next policy meeting because inflation remains well-behaved. 9. ATLANTA - Investors may find out today why the Federal Reserve decided not to wait until its next policy meeting to cut interest rates. 10. Bank of England governor Eddie George met Chancellor of the Exchequer Kenneth Clarke this morning for their regular monthly monetary policy meeting. |