CSPAN Capitol Hill Hearings September 19, 2013
Meeting at the federal open Market Committee, Federal Reserve chairman ben bernanke talks to reporters about the fed decision to continue its Asset Purchase Program. Mr. Mackeys term as fed chairman ends in january andthis briefing is one hour. Good afternoon. The federal open Market Committee fomc concluded a twoday meeting earlier today. As you already know from our statement, the committee decided today to keep the target range for the federal funds rate at 0 to 1 4 percent and to make no change in either its Asset Purchase Program or its Forward Guidance regarding the federal funds rate ta...