WMPT Nightly Business Report October 24, 2012
Is still growing at a moderate pace, the housing sector is improving, Household Spending is expanding, but Business Investment has slowed, the Unemployment Rate is still elevated as we know, and strains in the Global Financial markets pose significant risk. As darren gersh reports, the fed wants to keep a low profile for the next few weeks. Reporter less than two weeks before the election, the Federal Reserve was clearly not looking to make big changes in its policy statement. So what we got were slight course corrections today. On inflation, for example, the fed said inflation picked up somew...