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Crushed out of the tournament. A warm welcome to countdown. I am anna edwards. 6 00 here in london this thursday morning. Bloomberg reporters are standing by across the world ready to deliver stories that will drive your day. Looking at the markets reaction to the latest fad decision fed decision. Is in paris with exclusive comments from the loreal chief. And Caroline Hyde is in london. Stay with the channel. On the next hour, an exclusive interview with the biggest electronic retailer. And later on bloomberg row coming, an exclusive interview with a special guest on the pulse. He talks about the connected home. The fed reserve trimmed its Bond Buying Program as expected by 10 billion. The fifth straight cut in a row. Walk usanny is here to through the minutes. Janet yellen had a very Important News conference as wel ....
Tuesday the blue chips rallied 35 points, the nasdaq up 28, and the s p 500 closed above 1,700. Gold fell 8 dollars, oil lost 1. 11. Electronic arts has named Andrew Wilson a long time insider at the company as its new ceo. Officials are calling last weeks fire along the jersey shore boardwalk an accident. And a new poll shows just 27 of u. S. Adults picked the correct definition of quantitative easing. Larry shover of sfg alternatives joins us now. Larry, what will you specifically be listening for with the fed announcement today . I think the most important thing is a zero Interest Rate policy pledge. Thats something that bernankes gonna talk about for 2016. Right now fed front end rates are about a quarter percent. The markets expecting him to say by 2016, if the economy has healed, were gonna see 2 12 maybe less in fed fund rates. So i think thats key to listen to. Its turn ....