Financial Times FT.com

Fed likely to give investors a surprise

By Krishna Guha in Washington

Published: November 19 2007 21:59 | Last updated: November 20 2007 01:21

The US Federal Reserve will on Tuesday publish its first set of enhanced economic forecasts alongside the minutes of the last meeting of the Federal Open Market Committee, and the result may surprise some investors.

The new economic projections are likely to show that Fed policymakers expect the US economy will pull through an expected near-term rough patch and regain strength over the course of 2008, even though they see downside risks to that ­forecast.

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