Upcoming Fed announcement has investors on alert

Upcoming Fed announcement has investors on alert

CBS News

Published

All eyes will be on Ben Bernanke as he is set to deliver a major speech that could contain clues about future central bank actions. Analysts will be on alert for any mention that Fed officials might want a lower unemployment rate before increasing short-term interest rates from zero - which would be bad news for savers. Jill Schlesinger reports.

Full Article