How the FED decision impacts you....

THE INSIGHT YOU NEED TO NAVIGATE THROUGH TODAY'S FED DECISION

LIESMAN'S TAKE ON THE FED CNBC's own Sr. Economics Reporter Steve Liesman, wants you to know how today's Fed decision affects you. There are a lot of ways to describe what the Fed did today: it took the rate-cut punch bowl off the dining room table, but didn't pour out the punch. It took a baby-step towards neutral, not a grown-up step. That means it preserved the ability to cut if it needs to. There were three changes to the FOMC statement: First, it added the comment that "readings on core inflation have improved." Second, it added the comment that it has eased substantially and, combined with its other unorthodox measures to combat the credit crunch, this "should help promote moderate growth over time." Third, and most importantly, it removed the statement from last month that said "downside risks remain" to the economy. There is, fundamentally, no reason to cut further if downside risks to the forecasts don't exist, and you believe, as the Fed stated, that your policies to date will restore....... Click here to read more.

Banking on the Fed Assessing what's Bernanke worried about, with Steve Liesman; Jon Evans, Atlantic Central Bankers Bank CEO; and Erin Burnett Fed Funds Down .25 Uncertainty about inflation remains high, with Susan Bies, fmr. Fed gov.; and Hampton Pearson, Rick Santelli, Bob Pisani & Steve Liesman Reacting to the Fed Reacting to the Fed's decision to cut rates, with William Gross, PIMCO founder & co-CIO; Ken Volpert, Vanguard Bond Indexing Group; and Erin Burnett Recession Trumps Inflation Pessimism pulls back, with Robert Doll, BlackRock vice chairman; Ken Heebner, CGM Focus Fund; and Erin Burnett Kudlow & Domm CNBC's Larry Kudlow and executive news editor Patti Domm discuss today's Fed decision and its likely impact on the market Fed Leaves Markets Divided Over Further Rate Cuts The Federal Reserve trimmed interest rates another quarter point, to 2%, as expected, but left markets guessing about whether further cuts would be needed. The Fed action, after a two-day meeting, pushed benchmark short-term interest rates down to the lowest level since.... Click here to read more. Rate Cuts May Not End As Soon As Wall Street Thinks There are few things more dangerous on Wall Street than the combination of overwhelming consensus and unbridled optimism. But that seems to be the case with how the Street was viewing the Fed's next move on interest rates and what it says about the credit crunch and the economy.... Click here to read more. TEXT: FOMC Statement The full statement released by the Federal Open Market Committee after its meetings held from April 29-30 on interest rate policy.....Click here to read more Stocks Close Lower as Rate Cut Kills Rally Stocks finished lower Wednesday as another rate cut and no indication from the Federal Reserve that it plans to stop anytime soon killed an earlier rally.....Click here to read more.

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