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This year. Wrapping up a twoday policy meeting and speaking at a News Conference in washington, yellen insured investors the u. S. Economy is doing well enough for the fed to make further cuts but not Strong Enough to seek consistent Growth Without the Central Banks help. Investors loved hearing that, and stocks took off. The s p 500 index closed at a new record high of 19. 57, the dow, which was in the red before the fed announcement at 2 00 p. M. Eastern time shot up almost 100 points and the nasdaq rose to 25 points. Steve liesman was at that News Conference and has more on what yellen said and what it means for the economy. Reporter was it an upgrade or a downgrade . For the fed today and the u. S. Economy, it was actually a bit of both. The Federal Reserve upgraded the u. S. Economy in the Statement Today saying it was rebounding from the severe Winter Weather swoon. At the same time because of the economys contraction, in the first quarter, much stronger than expected, the fed ha

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