Fed Ties Interest Rate Outlook to Range of Data

March 19 (Bloomberg) -- The Federal Reserve said it will look at a wide range of data in determining when to raise its benchmark interest rate from zero, dropping a pledge tying borrowing costs to a 6.5 percent unemployment rate. The Fed also reduced the monthly pace of bond purchases by $10 billion to $55 billion, the Federal Open Market Committee said in a statement today following a meeting in Washington that was the first led by Chair Janet Yellen. Peter Cook reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Kleiner Decision on Pao Not Gender Based
11:45 - Brad Stone and Janine Yancey discuss the verdict of the Kleiner-Pao case. They speak with Pimm Fox on "Taking Stock." (Source: Bloomberg)
  • Kleiner Not Guilty of Retaliation
  • Yellen Sees Gradual Rate Increases Starting This Year
  • Kleiner Decision Not Gender Based