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That the feds tools dont appear to be capable of reaching this the people who are out of work which is why hes asking congress to help out with passing fresh fiscal stimulus legislation. Sensually todays meeting wasnt full of surprises if anything it only demonstrated that the fed is not planning to take its foot off the monetary gas pedal is that a correct assessment. I think it is i think what we heard more than anything else today was more of the same right is not going to change the fed essentially thinks its policies are working overall but at the same time what danielle just said is so absolutely true and its really imperative to this discussion which is that ultimately what the fed is doing does not trickle down necessarily the main street its not helping people who are unemployed right now its not helping businesses businesses and Small Business owners who are struggling mostly it helps wall street mostly it helps banks th ....
Agency Mortgage Backed securities and least at the current pace but where will employment Interest Rates and the economy go from here well joining us now to discuss that are both of us cohost and investigative journalist ben swan and former fed insider and c. E. O. Of Quill Intelligence danielle de martino both thank you both for joining us today now danielle i want to start with you here it seems like chairman paul really had to thread the narrative needle here he didnt want to downplay growth in the economy but he also didnt want to dissuade congress from getting involved is that a correct assessment of what the chairman was saying today. It really is you know weve got 2 parallel economies right now weve got nearly 30 minute 1000000 americans collecting Un ....
Economy is slowly bouncing back straight ahead we take an indepth look at the moves of the nations central bank and its a future of volatility in the wake of copan 1000 remains uncertain gold has seen a spike in value as investors flee to state haven assets but what does the future hold but well get into that with a packed show today so lets dive right in. The Federal Reserve held another policy meeting wednesday as part of an effort to determine where to go with u. S. Interest rates and what it will take to get the economy moving again overall there was some positive news as members of the Federal Reserve board upgraded their forecast for the economy to show a smaller contraction in Gross Domestic Product and a lower Unemployment Rate this year fed cha ....
Ever met. Reporter 56yearold bakery owner was raced to the hospital by police after the bullet passed through her wind pipe and into her neck near her spine. She underwent surgery. Theres no doubt this is a planned act. I mean shes been here for about 10 years running this business. Yeah, every day here in the business. We do business together almost regular basis. Reporter the shooting and robbery sent shock waves through the tight in it group of store owners and customers. Many said the victim is a hardworking woman. I know for 10 years. Very nice lady. Shes a wonderful lady. I bought cupcakes for her for my childrens birthday parties. She donated, you know, ive seen her feed Homeless People around here. Reporter police say she fought off two would be robbers just last friday. Failed last week. She fights them off last week. They go on their own she doesnt art it to police. We tell other business people. Well get her this week ....