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Wall Street Weekahead - The Federal Reserve's language lessons

Dec 14, 2014    

NEW YORK (Reuters) - "Will they or won't they?" is the question on investors' minds as the Federal Reserve policy-setting committee meets next week for the last time this year.Markets have followed Fed speakers closely in recent weeks for clues on whether the U.S. central bank will change key language in its post-meeting statement regarding how long it will keep benchmark interest rates near zero.Some expect the Fed to remove the reference to "considerable time" when setting a time frame for near-zero rates and maybe replace it, as it did ahead of the 2004-2005 monetary pol...

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