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Will keep shortterm rate, the fed fund rate, low, well past the point, the Unemployment Rate hits 6. 5 but quote, participants agreed that with the Unemployment Rate approaching 6. 5 , it would soon be appropriate for the committee to change its forward guidance. The Unemployment Rate fell to 6. 6 in january as you recall. The minutes say, also, quote, a few participants raised the possibility that it might be appropriate to increase the federal fund rate relatively soon. Sounds like the hawks at work there. The minutes show fed members watching the weather, emerging markets, and the debt prob...

Spain exits deflation, the country also posts its strongest quarter growth in three years. The key inflation figure for the eurozone as a whole due in one hour. Plus, brace for impact. Were joined on the show by dr. Doom himself, mark farber who says equities are facing a crash this year that could be worse than what we saw in 2008. Youre watching worldwide exchange, bringing you Business News from around the globe. Hello, a warm welcome to the program. Mark farber is with us on set. Well be getting to him fairly shortly. First, alstom shares are soaring higher as they open for their first day...

Liters, not the g8 will meet in brussels. The g7 leaders. Morning president obama met the president elect this morning. You wonder if they will talk about a small bank in paris having trouble in new york. A small fine. Works out to 1. 25 years of earnings. We will talk about that this morning. Yes, we shall. The 25th anniversary of the square, including the photographer who took the iconic image. Amazing. Hard to believe 25 years ago. Tonight there is a hockey game. I have heard of it, called the stanley cup idols. New york rangers and Los Angeles Kings. 8 00. What is your prediction . Of cour...

That number will be watched closely. Our squawk market master this hour is marc faber. Hell be joining us onset in just a moment. In fact i think i see him making his way out now. Also politics are on the agenda today, as well. We have the third and final presentation debate set for tonight in florida. That final 90 minute showdown will focus on Foreign Policy. Bob schieffer of cbs will be moderating. You can watch complete coverage right here on cnbc and of course the cnbc twicker will be live. Right now lets get you up to speed on this mornings top stories. Making headlines this morning, spa...

Discussions is the fiscal cliff. The annual meeting of the securities trade group is taking place in new york today. And the looming risk the u. S. Economy is sure to be on the agenda of participants. Well be joined by a few of those this morning. Including gary gensler. Chet heick will also be joining us. On the lighter side of thing, well have a rock star among us this morning. Yeah, we mean this literally. Not just the rock stars we usually have. John popper of blues travelers will be joining us on set at 8 40 to talk about the business of music. But first, lets get over to joe. You have so...