KQED Nightly Business Report January 31, 2013
So a scary headline number isnt as bad as it seems when you look underneath. Reporter and thats what economists say Federal Reserve policy makers did. After studying the economy for two days, chairman ben bernanke and his colleagues issued what most called a no news statement. The fed says it will keep Interest Rates near zero and plans to keep buying bonds in order to keep Interest Rates low. Todays g. D. P. Report didnt change that plan. What the fed is trying to do is generate stronger labor Market Growth and labor Market Performance and we dont really have any data on that yet. So we dont ...