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Detailed text transcripts for TV channel - CNN - 20101018:10:19:00

money available for the economy to breathe again. the economy is growing. don t get me wrong, but it s not growing as quickly as the fed wanted. so the fed is looking at new ways to stimulate the economy. we ll know i think we ll know at the next meeting what they plan to do if anything. what s really troubling is what s happening with the dollar. but that s a topic for another discussion. you ve got news about halloween? i do. i wanted to bring you the important big picture news at the fed, but also wanted to tell you for the next couple of weeks the people who study real estate are going to be laying out the best places to go get your candy. they look at all of their mortgage and foreclosure data and have put together the best places to go trick-or-treating. and topping the list, seattle, washington. that is the number one city in this country. now, it s not just home prices. zillo has all of this data at their fingertips. not just home prices. it s also where they think you ca

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Detailed text transcripts for TV channel - CNN - 20101018:10:18:00

17 minutes after the the hour. christine romans here minding your business this morning. no talk of domesticated foul this morning in relation to the fed. but they re going to do something to get the economy going. juice the economy. sounds a lot like stimulus. but do not call it stimulus, folks, because the fed is looking for new ways to try to reinvigorate the economy. lowering its forecast for this year and next. how do we know this? because we saw the minutes of the september 21st fed meeting and looks like a vigorous debate going on about how to get this economy jump started. how would they do it? well, you know, usually the fed eases to jump start the economy and does that by lowering interest rates, but interest rates are rock bottom, near zero. so the fed would have to do something like buy more assets, maybe long-term treasury securities, print money, essentially. shoving money into the economy, get money going to have more

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