KQED Nightly Business Report October 25, 2012
Investment has slowed, the Unemployment Rate is still elevated as we know, and strains in the Global Financial markets pose significant risk. As darren gersh reports, the fed wants to keep a low profile for the next few weeks. Reporter less than two weeks before the election, the Federal Reserve was clearly not looking to make big changes in its policy statement. So what we got were slight course corrections today. On inflation, for example, the fed said inflation picked up somewhat from september, because of Higher Energy prices, but that trend may already be in the rear view mirror. If anyth...