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Fed May Boost Stimulus Pledge 9 (Bloomberg) -- Joseph Balestrino, a fixed-income market strategist at Federated Investors Inc., talks about today's
Federal Open Market Committee meeting and its potential impact on the financial markets. Balestrino speaks with Betty Liu on Bloomberg
... read moreWall St. futures up, bolstered by Fed hopes (AP Photo/Jin Lee) The
Fed gave no indication of what action it would take at meeting Tuesday, but hopes that it will be forced into more action helped stocks in Europe and Wall Street futures recover. Investors still remained worried, however,
... read moreThe Fed's Stuck To that end, all eyes will be on the
Federal Reserve. If the
Fed persists with another round of unorthodox medicine, say QE3, it will be perpetuating the same catastrophic stupidity it did last year. That's because it would be misdiagnosing the problem
... read more
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