FORESIGHT
In Absence of Data, Time to Reflect
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No major data are being released this week, giving investors time to digest the stunning recent bout of market upheaval, political action and economic reports. On Tuesday, the Federal Reserve will release minutes of its latest policymaking meeting, which occurred Sept. 16. It should give insight into how Fed leaders were thinking in the thick of the financial crisis -- that meeting was on the day of the federal takeover of American International Group and less than 48 hours after the collapse of Lehman Brothers. The Fed declined to cut interest rates that day, but the minutes may offer hints about how open the committee will be to doing so at its meeting Oct. 29.
-- Neil Irwin
