Press Con Fenference News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jim askcosta is our senior whit house correspondent. we understand what is going on. the president later tonight will be leaving for washington and heading for vacation out in hawaii with his family, let him enjoy and get some r & r, as they say. it is an opportunity, for a certain degree, for the president to gloat and say we did this and this. >> i don't know if gloating is the correct word but you're right in that president obama is always very, very eager to talk about the stronger economic numbers than he faced at the beginning of his first term. in fact, there was that moment, you rememb...

Ever. he's going to come out and have a press conference after the decision. the press con fenference is aro 2:15. this is historic because the fed has been around for almost 100 years. they've sort of kept this cloak of silence for a long time. this is going to be interesting. wall street will be listening. the markets very well could move on what he says. suzanne? >> i know when people wondering if his head is going to explode with all this. check out video that we're getting out of los angeles here. this is l.a. this is a huge, huge -- you can call it an explosion of water here coming from ...