Jan. 25 - Reuters Correspondent Pedro Da Costa breaks down the latest Federal Reserve statement from inside the lockup at the U.S. Treasury.
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I have respect responded -- Picasa and here at US treasury the Federal Reserve has just released its policy decision from January. Part of that is surprised markets. It is not promised to leave interest rates at ultra low levels until at least late 2014. That's almost another three years and it's of course signal to the markets and just how concerned that that is about the case the best economic recovery. Investors that mostly been expecting that promise all right so early twenties or so the -- -- big surprise the Fed did not make any major changes to its outlook. But the economy. I would note that he had downgraded their assessment of business investment. Which suggests a little bit more worried about the production -- economy after recent boosting US industrial output. Now the the markets are likely to interpret this as a sign that the -- has. Bent on keeping rates -- for the foreseeable future and both. The stock market and the bond market are likely to have a positive reaction at least for now.
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