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and mitt romney standing his ground refuse to go release more taxes, calls reach a deafening pitch. today he gave another reason why he shouldn t have to. and an exclusive investigation into the risks of off-shore drilling. we went outfront to the arctic. shell has a plan to prevent the disaster like the one that happened to bp and the deepwater horizon. does it add up? let s go outfront. outfront tonight, ben bernanke says no to the addicts. addicts that are desperate for another hit of the fed s drugs. today in hearings on capitol hill, america s top banker, the chief of the federal reserve, got more negative on the state of the u.s. economy. given that growth is projected to be not much above the rate needed to absorb new entrance into the labor force, the reduction in the unemployment rate seems likely to be frustratingly slow. so what s the solution? well, in note after note from wall street economists and traders today, i read something along the lines ....
and an exclusive investigation into the risks of off-shore drilling. we went outfront to the arctic. shell has a plan to prevent the disaster like the one that happened to bp and the deepwater horizon. does it add up? let s go outfront. outfront tonight, ben bernanke says no to the addicts. addicts that are desperate for another hit of the fed s drugs. today in hearings on capitol hill, america s top banker, the chief of the federal reserve, got more negative on the state of the u.s. economy. given that grth is projected to be not much above the rate needed to absorb new entrance into the labor force, the reduction in the unemployment rate seems likely to be frustratingly slow. so what s the solution? well, in note after note from wall street economists and traders today, i read something along the lines of this. bernanke will launch another round of easy money to help the economy. it will bring interest rates even lower. it s just a matter of time, he ll do i ....
does it add up? let s go outfront. outfront tonight, ben bernanke says no to the addicts. addicts that are desperate for another hit of the fed s drugs. today in hearings on capitol hill, america s top banker, the chief of the federal reserve, got more negative on the state of the u.s. economy. given that growth is projected to be not much above the rate needed to absorb new entrance into the labor force, the reduction in the unemployment rate seems likely to be frustratingly slow. so what s the solution? well, in note after note from wall street economists and traders today, i read something along the lines of this. bernanke will launch another round of easy money to help the economy. it will bring interest rates even lower. it s just a matter of time, he ll do it, he ll do it, don t worry. that s the kind of talk the addicts use. yearning for more of his powerful drug, which is essentially just cheap, easy money. so many were hoping for another shot of the ....
Today. the markets are watching europe as spain s bailout is ratified. 20 minutes from the opening bell. let s get a a market rundown. andrew ross sorkin is here. what about the chatter after the tepid jobs numbers about qe-3. there is a sense that could happen but farther down the road. the big news this morning is what s going on in europe. that s moving markets a little bit higher as we speak. the futures look like they will open up better. we are in the midst of earnings season. we heard from alcoa last night. they had a little bit of a slight drop in earnings. however, there was good news in terms of demand on the autos front. that was giving a little bit of a positive step to all of this. later this week we got jp morgan which a lot of people will pay attention to. on wall street, the issue is the ....
This was right up their alley? they wanted more. they didn t get enough. they wanted more stimulus. they thought qe 3. or the fed would extend the period of time low or no interest rates. at the end of the day traders were expecting something else so were the people in europe who he wanted us to do a whole lot to goose the economy. shepard: fed comes one a growth forecast and they reduced that as well. that was a big headline from my point of view. the economic point of view important feel when it comes to setting numbers. 2.2% g.d.p. growth in 2012. this year. next year 2.56789 the year after that 3.3. that is not good growth. and unemployment they say is going to be higher than we expected. 8.1% on average for this year, 7.8 next year and 7.4 the year after that higher rates of growth and lower levels of unemployment. shepard: we will see what the future holds. gerri willis, thank you. the international committee of the red cross now reports it s getting ready to evaluate a ....