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Fed ending bond-buying spree, BB on cspan at 2:15PM

By: lkorrow in CONSTITUTION | Recommend this post (0)
Wed, 27 Apr 11 9:34 PM | 93 view(s)
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BB 2:15 c-span or live online here:
http://www.c-span.org/Live-Video/C-SPAN/

The U.S. Federal Reserve signaled the end of its controversial $600 billion bond-buying program as planned, setting the stage for challenging decisions about whether to raise interest rates in the face of both high unemployment and looming threats of inflation.

At 2:15 p.m. ET, Fed Chairman Ben Bernanke will hold the Fed’s first ever post-meeting press conference, in which he will elaborate on how the decision making Federal Open Market Committee viewed the economy and policy decisions over two days of discussions.

Read the Fed's full statement: http://blogs.wsj.com/economics/2011/04/27/fed-statement-following-april-meeting-2/?mod=djemalertNEWS

Read the WSJ article: http://online.wsj.com/article/SB10001424052748704099704576289030398644312.html

Copyright 2011 Dow Jones & Company, Inc. All Rights Reserved.




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