ALJAZAM Real Money With Ali Velshi December 22, 2013
Federal reserve indicates a vote of confidence in economic recovery. The fed announced a 10 billion pull back starting in january on its 85 billion monthly bond purchases that have boosted the economy. The stockmarket rallied after the news was announced. Here is what ben bernanke in his last conference as fed chair had to say about the feds thinking economy. Todays policy actions reflect the committees assessment that the economy is continuing to make progress and it has much farther to travel before conditions can be judged normal. Notably despite head winds, we expect grope growth will pick...