US Daily Economic Comment
Strong durables and a steady Fed expected
􀂄 FOMC preview: New PR, no new policy
A new format for FOMC communications will debut. The FOMC statement will
come at 12:30PM. Fed Chairman Bernanke will speak with the press at 2:15PM,
broadcast on the Fed website (www.federalreserve.gov). Also, the FOMC will
release its central tendency projections.
Despite PR innovation, we do not expect