Detailed text transcripts for TV channel - MSNBC - 20131221:15:41:00
Senate speak is complicated but we know when federal reserve chairman ben bernanke speaks, wall street listens. here he is from wednesday. >> the federal market committee concluded a two-day meeting earlier today. as you already know from your statement, the committee decided starting next month to modestly reduce the pace at which it is increasing the size of the federal reserve balance sheet. >> yes. to modestly reduce the pace of blah, blah, blah blash, blah. ben bernanke was trying to say the beginning of january the federal reserve will cut back on the stimulus money it's been pumping out...
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