Bernanke Says Thresholds Make Fed More Transparent
Dec. 12 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke speaks about the central bank's monetary policy, the U.S. economy and fiscal policy. He speaks at a news conference in Washington after a meeting of the Federal Open Market Committee. The Fed for the first time linked the outlook for its main interest rate to unemployment and inflation, and said it will expand its asset purchase program by buying $45 billion a month of Treasury securities starting in January to spur the economy. (Source: Bloomberg)
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Will Snap Open the Floodgates for Other IPOs?
00:38 - Perhaps even more than in the typical debate over tech company IPOs, opinions are split on whether Snapchat's shares are worth buying in its initial public offering and whether it will prove a fit and lasting public company. The answer to the first question will come on Wednesday, when Snapchat is expected to close its first stock sale to the public. Bloomberg's Alex Barinka and Sarah Frier have more on "What'd You Miss?" (Source: Bloomberg)