On come to our viewers Public Television in america and also around the globe. The Federal Reserve has said it will not reduce the amount of money it has been pumping into the u. S. Economy. Instead, it says it wants more evidence that signs of economic progress can be sustained. The news sent markets soaring. Our economic reporter has this report. For years, the Federal Reserve has helped to keep Global Market awash with cash. One of these days, it wants to stop doing that. But investors who tuned in from around the world today found out the end of the cheap money area era was not starting quite yet. The committee concluded that the Economic Data do not yet provide sufficient confirmation of its baseline outlook through war and such a reduction. Moreover, the committee has concerned that the rapid tightening could have the effect of slowing growth. A few careful words which produced a big wall street reaction. A main u. S. Stock index hit an alltime high the main u. S. Stock index hit
We offer expertise and tailored solutions in a wide range of industries. What can we do for you . And now, bbc world news america. Is bbc world news america. Reporting from washington, i am katty kay. The u. S. Federal reserve will keep pumping money into the economy. Surprise decision keeps sent the dow jones to a record high. Mexico is hit by two designating devastating storms. Thousands of tourists are stranded. And germany has been cruising and economic fast lane. Now voters will decide whether Angela Merkel deserves to get the credit. On come to our viewers Public Television in america and also around the globe. The Federal Reserve has said it will not reduce the amount of money it has been pumping into the u. S. Economy. Instead, it says it wants more evidence that signs of economic progress can be sustained. The news sent markets soaring. Our economic reporter has this report. For years, the Federal Reserve has helped to keep Global Market awash with cash. One of these days, it