Getting your player ready...
WASHINGTON — Borrowing costs are likely to hold steady as the Federal Reserve tries to avoid both stirring inflation and stifling a fragile economy.
Fed Chairman Ben Bernanke and his colleagues opened a two-day meeting Tuesday afternoon where they will put together their most up-to-date assessment of the economy’s outlook and decide the best course on interest rates.
The Fed is almost certain to hold its key interest rate steady at 2 percent when it wraps up its session today.
