Detailed text transcripts for TV channel - FOXNEWS - 20111214:00:38:00
Today. that's for sure. they had a meeting and said they will keep interest rates at 0 to 25 bases points. zero that is that's what the market likes to see. then they herd something they didn't like. there would be no asset buying by the federal reserve: not going to buy up those lousing cmos. >> what are cmos. >> collateral rised mortgage obligations. that's bad news for wall street who would like to unload some of those on taxpayers. >> shepard: do you want any. >> i'm fresh out of cmo. >> shepard: never seen a need for a cmo. who knows. gerri willis airs every day 5:00 eastern 4:00 in oxfor...
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