CNNW New Day September 19, 2013
Its been making those since last september. In a statement, the federal open Market Committee said its waiting for evidence that progress will be sustained before adjusting the wais of its purchases. The stimulus has pumped cash into the mortgage and bond markets, keeping Mortgage Rates and borrowing costs low. That has fueled the red hot Housing Market and spurred stocks to a 20 gain over the past year. Many investors expect stocks to go higher. Good news for 401 k s but only half the country is invested in stocks. There are fewer people working but fewer people who are looking for work and s...