Insight and Analysis on Today's Fed Decision & How it Affects You...

Get a Real-Time Quote   Wednesday, Apr. 29, 2009    The insight you need to navigate through today's FED decision   Fed's Latest Policy Stance: Steady-As-She-Goes Steve Liesman, CNBC Senior Economics Reporter It was a "steady-as-she-goes" statement from the Fed today following last meeting's surprise announcements of treasury purchases and stepped up mortgage purchases by the Fed. The Fed upgraded the economic outlook just a bit, but left the essential call for a "gradual" return to normal growth in place. As a result, it left in place the cornerstones of its new policy: - Keeping interest rates pegged between 0 and 1/4 percent for "an extended period." - Purchasing $300 billion of treasuries - Purchasing $200 billion of agency debt - Purchasing $1.25 trillion of mortgages. The Fed added only a slight wrinkle to its statement, trying to warn markets of some flexibility is has on the purchases. » Continued CNBC Fed Highlights The Fed's Catch 22 Insight on the Fed's announcement on buying treasuries and mortgages, with CNBC's Steve Liesman. » Play video GDP & the Fed Stocks rally ahead of the Fed statement, with Thomas Higgins, Payden & Rygel; Stuart Hoffman, PNC Financial and CNBC's Steve Liesman. » Play video What the Markets Want What the markets want from the Fed, with Jack Bouroudjian, Capital Market Technologies and CNBC's Steve Liesman. » Play video Keys To The Fed Fed Sees Recession Easing But Will Maintain Low Rates The Federal Reserve said Wednesday the pace of deterioration in the U.S. economy appeared to be slowing, but said it would continue to keep interest rates exceptionally low for an extended period... » Read More Text: FOMC Statement Read the statement released by the Federal Open Market Committee after its Apr. 28-29 meeting on interest rate policy... » Read More Stocks End Higher as Fed Sees Improvement Stocks advanced but ended off their highs Wednesday after the Federal Reserve said the recession appears to be easing.... » Read More A Good Dose Of Optimism Lifts Stocks The FOMC statement was non-controversial. Two issues might have moved stocks forward: an increase in the amount of Treasuries being purchased, and a more optimistic tone on the economy... » Read More Advertise With Us | Visit Our Member Center | Unsubscribe FIRST IN BUSINESS WORLDWIDE. © 2009 CNBC Inc. All Rights Reserved 900 Sylvan Englewood Cliffs, NJ 07632