text: The Federal Reserve Board has no news conference or announcement planned for today a Fed spokesman said dispelling market rumors that a statement was pending. No such event is scheduled or planned said spokesman Bob Moore. Rumors of a pending Fed announcement or news conference circulated in financial markets following a government report that consumer prices advanced by 0.4 pct in March suggesting a rapid rise of inflation. Reuter
target: FED SPOKESMAN SAYS NO NEWS CONFERENCE PLANNED