WASHINGTON - Federal Reserve officials begin a two-day meeting today to review monetary policy amid renewed speculation that the central bank will move to cut short-term interest rates shortly.

Many bond market participants say the 12-member Federal Open Market Committee may be spurred by nagging doubtss about the recovery to trim the federal funds rate to 3.50% from the current 3.75%.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.