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 WASHINGTON (AP) - As Ben Bernanke takes the chairman's seat, Federal Reserve watchers wonder how many more interest rate increases are in store.
Bernanke and his Fed colleagues are expected to boost America's borrowing costs yet again at the end of their two-day meeting Tuesday. And analysts will be searching for clues about where the central bank is headed after that.
Under former chief Alan Greenspan, the Fed has been tightening credit in steady, quarter-percentage point steps since June 2004 to keep the economy and inflation on an even keel. Many economists believe the Fed will end its rate-raising campaign this year, but they don't know when and they don't think even Fed officials know.
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