The central bank is widely expected to stay in "wait-and-see" mode and keep its key interest rate steady Wednesday.

Paul Solman explains how interest rates are set, with a little help from economic country musician Merle Hazard. Economy Jan 28 Fed Leaves Key Rate at Record Low, Vows to Use All Tools to Help ...

The Treasury Secretary pointed to two-year Treasury yields as a signal that the market is ready for interest rate cuts from ...