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Words investors obsessing over patient, from its socalled policy statement. Thats the explanation and outlook the fed gives at the end of its monetary meeting. Will the fed become impatient . You heard her say no not so in deciding when to raise Interest Rates, quite the contrary said chair yellin. Said the fed will remain cautious and focused on Economic Data and some of that data said the fed indicates the pace of Economic Growth in the u. S. Has moderated lately and that launched stocks like an f18 off a carrier deck. Rose 227 points. Close above 18,000 trading in a 1400 point range. Nasdaq...

Services produced across the economy, grew at just 0. 2 a massive deceleration from the Fourth Quarter and much worse than expected. A downgrade of the assessment of the economy leaving more questions about when the central bank will raise rates. Hampton pearson has more on the Federal Reserve statement, but we begin with Steve Liesman and the economys slow start to the year. The First Quarters weaker than expected gdp has ignited a debate on wall street and at thee over whether the economy is slowing more seriously or just working through some temporary setbacks. Severe Winter Weather in the ...

Services produced across the economy, grew at just 0. 2 a massive deceleration from the Fourth Quarter and much worse than expected. A downgrade of the assessment of the economy leaving more questions about when the central bank will raise rates. Hampton pearson has more on the Federal Reserve statement, but we begin with Steve Liesman and the economys slow start to the year. The First Quarters weaker than expected gdp has ignited a debate on wall street and at thee over whether the economy is slowing more seriously or just working through some temporary setbacks. Severe Winter Weather in the ...

Youll see them slow down hiring, stop capital xebd churs, capital will go on on strike, it will be a hell of a mess. Leaders of both parties think it would be to their advantage to go off the fiscal cliff. What a 12 straight that is, that we could win more as democrats if we let it go or we can win more as republicans. This whole game isnt about america, its about you who do we make the demss lose and how do we make the republicans lose. People are sick of that and ashamed of it. Well try to rise above all of this today. Our guest hosts will be doing the same. But before we get to all of that,...

Willing to do it now, theyll be willing to do it later. Well have much more on johns interview in a moment. Later that evening president obama actually met with congressional leaders at the white house. But they are still no closer to a solution. The president reiterated one more time tonight that he will not negotiate. Weve got divided government. Democrats control the white house and the senate. Republicans control the house. We sent four different proposals over to our democrat colleagues in the senate. They rejected all of them. Weve asked them in a conference to sit down and try to resolv...