Support is the committees outlook, we will likely reduce the securities purchases in further measured steps at future meetings. Of course, continued progress is by no means certain. Consequently, future be adjustments to the pace of asset purchases will be deliberate and dependent on incoming information. Host so, greg ip of the economist, what does all of that mean to the average american . Guest well, so take the most basic aspect of that. One of the aims of the bondbuying program was to hold down longterm treasury yields. Essentially, when you buy a bond, you push up the price, and that pushes down the Interest Rate on it, and because Mortgage Rates are usually linked closely to 3w07bd yield, the more are bought, the more it held down Interest Rates. Over the last eight months as the market became aware the Federal Reserve pulled back on this program, we saw some rebound in mortgage Interest Rates. What mr. Bernanke hope is the that by gradually continuing the process over the comin
Educational system, customized learning, things like that. And, of course, we talk about the Health Care Law and all the controversy, but the solution is in innovation. Its in some of the technologies. We have a huge, growing area on wireless health. People are monitoring cells. Its what they eat, its how much they exercise, its how much they sleep. And that information at the cautionary level could get to physicians. We could solve a lot of our Health Care Problems by focusing on some of these things, and they will solve problems. Host gary shapiro is president and ceo of the Consumer Electronics association which sponsors ces every year in vegas, and alex byers is a Technology Reporter with politico. He puts out their morning tech newsletter. Gentlemen, thank you. Guest thank you. Thank you very much. Cspan, created by americas Cable Companies in 1979, brought to you as a Public Service by your television provider. Coming up next, Supreme Court oral argument from last month on the ep
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Actually murdered. Killed in a crime that had never been solved. She was almost a perfect victim. And what about him . He had become the focus in his first wifes mysterious death. Was he a victim too . Im a father, i have a family. I didnt kill janet. I felt horrible for him. You didnt want to believe it. Who would want to believe that . Im lester holt, and this is dateline. Heres josh mankowitc with deadly denial. She found plenty of the wrong guys. Now here in front of her was someone different. We met at a daycare where both of our children went to daycare. Vanessa pond of Salt Lake City was 25 and a single parent when back in 2007 she made raven abaroa. Like vanessa, he was single and raising a child alone. He was very charming. He would always come up with such fascinating dates. He seemed different. He seemed very different. A good guy. Very good guy. And you fell for him. Hard. But along with the charm and the lavish dates, raven also had a story. A horrible, awful story, that w
Corrodes market discipline, it creates a threat to financial stability, and it does unfairly, in my view, advantage large banking firms over small ones. Liz okay. So thats an important point here. Shes basically throwing down the gauntlet saying no bank is too big to fail. Yellen also conceded, though, that the Federal Reserves large scale bondbuying program known as quantitative easing cannot go on forever which is, of course, the biggest parlor game around. Exactly when will the Federal Reserve begin to taper . Theyve got a meeting in december, some say then, some say into 2014. Once again, you look at the numbers, were in record territory for all of those who own stocks and are long stocks, its the retailers specifically continuing to rally building on yesterdays big Earnings Report from macys. Four stocks appear to be breaking out to record highs for the second day in a row. Lets head to Nicole Petallides on the floor of the new york stock exchange, and what i found interesting is