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Detailed text transcripts for TV channel - MSNBC - 20120915:17:25:00

Reserve. consumer prices climb and is the iphone five worth the wait. joining me now is economic analyst. it s a little lighter than it was when i spoke with you early this morning. much warmer, too. let s start with the fed. is launched another aggressive stimulus program. punches billions into the economy. why? well, basically the fed wants to bring down those borrowing costs. so what they did they bought $600 billion worth of government and mortgage-backed bond. this is the new program, the new stimulus program that s called qe 3. that s waquantatie easing. they want to continue to kind of pump this type of bond buying into the economy to also bring down that unemployment number. they want to kind of they re not going to halt this program until unemployment gets to about 7%. ....

Consumer Prices , Federal Reserve , Stimulus Program , Borrowing Costs , 00 Billion , 600 Billion , Unemployment Number , Bond Buying , Qe 3 , Waquantatie Easing ,