NYU's Silber on Fed's Decision, U.S. Economy
Jan. 30 (Bloomberg) -- William Silber, a professor at New York University, talks about the Federal Open Market Committee's policy statement and the outlook for the U.S. economy. The Federal Reserve will keep purchasing securities at the rate of $85 billion a month as the economy paused because of temporary forces including bad weather. Silber speaks with Mark Crumpton on Bloomberg Television’s “Bottom Line.” Bloomberg’s Michael McKee also speaks. (Source: Bloomberg)
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