maria molina thank you. >> ben bernanke spoke yesterday and said the end of cheap money could be right around the corner. here with details is lauren simonetti. this is the event wall street and main street was waiting for the fed meeting wrapped up yesterday afternoon. stock meeting was very harsh. the job market has improved and that quote down side risks have diminished since the fall. that means we may be ready for the fed to pull back on the powerful stimulus that they have been adjusting the economy with. >> the committee anticipates it would be appropriate to moderate the monthly pace of purchases later this year. broadly aligned with current expectations of the economy we would continue to reduce the pace of purchases in measured steps ending purchases around mid year. >> explicitly ending the bond