Detailed text transcripts for TV channel - FOXNEWS - 20111102:15:11:00
Jim angle live is washington. this is man whose voice can move markets. what do we know where the fed stands? >> reporter: if only, jon, if only. they don't expect the fed to announce any major policy changes the fed previously said they plan to keep short-term interest rates near zero until mid 2013 until the economy improves. some would like to see the fed set benchmarks like announcement agrees not to raise interest rates until unemployment falls below a certain level like 7% or inflation exceeds something like 3%. so chairman bernanke is not expected to announce any bold, new, steps today....
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