Published: Sep 21, 2011 2:59 PM EDT
Updated: Sep 21, 2011 3:01 PM EDT

NEW YORK (AP) - Investors are looking to see whether the Federal Reserve will take new steps to stimulate the economy today when policymakers wrap up a meeting. Many economists expect the Fed to shift money out of short-term securities and into long-term holdings. The aim would be to further reduce interest rates on mortgages and other consumer and business loans. Yesterday, the four highest-ranking Republicans in Congress sent Fed chairman Ben Bernanke (bur-NANG'-kee) a letter cautioning against such a move, saying it could spark inflation.