Will the Fed cut rates? Wall Street awaits word

NEW YORK - Wall Street’s wait is up: the Federal Reserve meets this week to decide what to do about interest rates.

Investors can call it what they like — their Super Bowl, their Election Day, their Day of Reckoning — but they might want to keep in mind that Tuesday’s decision may end up raising as many questions as it answers.

The stock market plunged from record highs this summer on fears about souring home loans and excessive leveraged debt strangling corporate and economic growth. Since then, the big question on Wall Street has been: Will the Fed finally lower interest rates? Tuesday afternoon, investors will find out.