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

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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