KPIX CBS Evening News With Scott Pelley December 13, 2012
Hee idea is to give business, investors, and families a little more certainty about what to expect. And heres wyatt andrews. Reporter the announcement means the cost of borrowing will e ay near zero until the economy creates at least one million jobs. Ategyhairman ben bernanke said the employment target is a better signal to investors and the public of just how long Interest Rates will stay low. A strategy that we believe ill help support household and Business Confidence and spending. Reporter to control Interest Rates, the fed plans to buy 85 eellion worth of bonds every ownth, 45 billion in...