Page 2 - Fed Is News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> from my perspective, the fed is in a bit of a box given the fact that global coordination in terms of monetary policy has to today at least, at least to the last week or so, it has worked. now the fed is -- does not have that option of lowering rates or reintroducing a stimulus package. what the fed can do is speak to policy, terminology is going to matter a great, great deal. the fact of the matter is, we're getting gdp on thursday. it's probably going to be stronger than expected. the fed is going to have to address that by stating they are probably going to hold off on moving on rates. a...

Judges to come to creative solutions within that framework so the families are not ripped apart more than they already are. >> we don't let the inmates run the asylum. they were told what to do. >> the judge said it is direct contempt and i am finding you guilty. we want to move on to philadelphia not far from where fed is -- >> where i grew up. >> prosecutors are looking into action of a city council man chased and shot and killed a bank robber were justified. tell us what happened. the local council man is 60 years old and a high school teacher and sees a guy coming from a bank with a dye pa...

We seem to be catching a cold now when they are sneezing too. >> sam stein? >> john, i'm wondering to what extent domestic politics has played a role in this. the fed tape ring, sort of a weak jobs report from the last month. a little bit of not contraction but we have seen unemployment insurance expire. are investors looking at that and wondering if we have our own house in order? >> investors are certainly obsessing about the fed. they have been for a few years now. i kind of doubt that is a big part of what is going on right now. because, you know, if you look at the markets, the fed is -- ...

Explosives. >> why? >> when a central bank monetizing a huge portion of its government debt, this is generally a recipe for disaster. right now, we have $1.5 trillion of excess reserves from the banks sitting on deposit with the federal reserve. that starts working its way through the system and the natural multiplier effect of a fractional reserve banking system, there's a huge risk of inflation. finally, the fed is a huge enabler here. maintaining artificially low interest rates disguises the true cost of our deficits. and our debt is being funded at these ridiculously low rates because the ...

Out sands, salt, chemicals. trying to keep things fine. right now things are passable. i'm going to step out here for a bit. again, not a lot of of ice here, a little slush here and there. but as the evening wears on and the wind tick pibz up, we'll see more snowfall. possibly up to a foot of snow on its way. with all of that combined, travel troubles will be horrendo horrendous. the situations at the airports, awfulment you've heard the number of flights canceled for today and tomorrow, thous of flights. affecting over 100 million americans. it's going to be rough, especially here in st. loui...