Fed doves to fly.

 Economists expect the Fed to exhibit a more sombre tone on the U.S. economy and the outlook for the nascent recovery when the FOMC wraps up its two-day policy meeting today. Since the Fed last met, unemployment data, retail sales, and GDP have all come in weaker than expected. Meanwhile, inflation has weakened, providing ample scope for the still-dovish policy committee to stand pat on asset purchases and reiterate its collective commitment  to easy money policies.