tom: good evening. susie is off tonight. from the federal reserve view of an improving economy to trading on apple s record profits, stocks caught fire on wall street. the dow jumped 89 points, the nasdaq skyrockets 68 points, the s&p adds 18. let s begin with the fed and its meeting on the future of interest rates. the central bank held interest rates steady at near zero levels, but policymakers tweaked their outlook for the u.s. economy. the central bankers now see g.d.p. slightly higher than they did in january, around 2.6%. inflation will be slightly higher, coming in at just under 2%. and unemployment is expected to be slightly better, around 8%. washington bureau chief darren gersh joins us with more. darren? reporter: hey, tom, those changes in the fed s forecast were really pretty modest, and that s what most people were expecting. that left the question of the day: what will the fed chairman do next? when i asked about another round of bond buying, what the marke
tom: good evening. susie is off tonight. from the federal reserve view of an improving economy to trading on apple s record profits, stocks caught fire on wall street. the dow jumped 89 points, the nasdaq skyrockets 68 points, the s&p adds 18. let s begin with the fed and its meeting on the future of interest rates. the central bank held interest rates steady at near zero levels, but policymakers tweaked their outlook for the u.s. economy. the central bankers now see g.d.p. slightly higher than they did in january, around 2.6%. inflation will be slightly higher, coming in at just under 2%. and unemployment is expected to be slightly better, around 8%. washington bureau chief darren gersh joins us with more. darren? reporter: hey, tom, those changes in the fed s forecast were really pretty modest, and that s what most people were expecting. that left the question of the day: what will the fed chairman do next? when i asked about another round of bond buying, what the marke
tom: good evening. susie is off tonight. from the federal reserve view of an improving economy to trading on apple s record profits, stocks caught fire on wall street. the dow jumped 89 points, the nasdaq skyrockets 68 points, the s&p adds 18. let s begin with the fed and its meeting on the future of interest rates. the central bank held interest rates steady at near zero levels, but policymakers tweaked their outlook for the u.s. economy. the central bankers now see g.d.p. slightly higher than they did in january, around 2.6%. inflation will be slightly higher, coming in at just under 2%. and unemployment is expected to be slightly better, around 8%. washington bureau chief darren gersh joins us with more. darren? reporter: hey, tom, those changes in the fed s forecast were really pretty modest, and that s what most people were expecting. that left the question of the day: what will the fed chairman do next? when i asked about another round of bond buying, what the marke
in a new and exciting way. it s different, it s fun, it s easy. reporter: saint ignatius has also started using fundly to raise money for an eighth grade trip to washington, d.c. we raised over $13,000. we originally set our goal at tom: good evening. susie is off tonight. $5,000, and we ve increased our goal twice due to the from the federal reserve view of overwhelming response. an improving economy to trading reporter: so in addition to their usual curriculum, saint ignatius students are getting a lesson in successful fundraising. erika miller, nightly business report, south bronx. on apple s record profits, stocks caught fire on wall street. the dow jumped 89 points, the nasdaq skyrockets 68 points, the s&p adds 18. let s begin with the fed and its tom: we continue our week- long look at the power of the meeting on the future of interest rates. internet tomorrow. we ll find out how an idea for the central bank held interest unused public space under the rates