Central banks,money

First up is the Federal Reserve, which kicked off a two-day meeting Tuesday. The European Central Bank's governing council will hold its monthly policy discussion Thursday.As central bankers in Europe and the United States gather this week, investors around the world are wondering what the monetary authorities will do to support the global economy.The Fed could also raise the rate on bank reserves in an effort to keep inflation in check by enticing banks to store more of their excess funds at the Fed instead of lending it out.Fed officials are meeting as the U.S. economy appears to have taken a turn for the worse, with a slowdown in job growth taking a toll on consumer spending.


tags:money,bank,European,