Federal Reserve

Fed Likely To Maintain Policies As Economy Fails To Recover

There's a relevant Einstein quote about doing the same thing over and over again

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The Federal Reserve is widely expected to stand pat on Wednesday, keeping its loose fiscal policies in place at the conclusion of two days of meetings.

A weak jobs report released Wednesday morning by payroll firm ADP can only add to a growing sense that the U.S. economy refuses to gain traction. The ADP National Employment Report said the private sector added just 119,000 jobs in April, an ominous forecast for Friday's government jobs report for April.