Detailed text transcripts for TV channel - MSNBC - 20110427:15:10:00
Event. from "the washington post" joining us now, neil, we are used to the fed speak, quote/unquote, do we expect to hear something that the average american can actually understand out of this and how important will it be to relay the message on interest rates we're expecting just over an hour from now? >> an important change. they've had a long, slow progress in this direction ever being more open. 15 years ago in 1994 they didn't even tell you what happened after a meeting. had you to figure it out from what went on in financial markets. whether they raced or lowers interests rates. somethi...
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