Daily Market Update 3/18/15

Rates inched lower Wednesday ahead of this afternoon’s Fed announcement.  Investors are looking for clues about the timing of anticipated increases in the Fed Funds rate.  The Fed statement will be released at 2:00 PM, followed by a press conference by Fed Chairwoman Janet Yellen at 2:30.  The policy statement and comments by Yellen may cause a significant reaction in financial markets.  Stocks are currently trading lower.  No economic data will be released today.

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