The Fed: $600 Billion Gamble

Last Updated Nov 5, 2010 8:16 AM EDT

By now everyone has heard that the Federal Reserve is doing something, but it's hard to figure out exactly what it is and how it might trickle down to us mere mortals. I talked about the Fed's plan (aka "Quantitative Easing") with CBS3 this morning.
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    Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.