Friday, January 27, 2012

Federal Reserve transparency questioned


The Federal Reserve’s decision to publish the interest-rate forecast of its members – a historic move to offer greater transparency – is being met mostly with skepticism by stock analysts.
The Fed on Wednesday followed up on its unexpected plan to maintain short-term rates near zero through late 2014 with the rate predictions of members the central bank’s policy-setting committee.


Dow Jones Industrial Average (^DJI)

 -DJI
Prev Close:12,756.96
Open:12,757.33
Day's Range:12,695.54 - 12,841.87
52wk Range:10,362.30 - 12,928.50

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