Time Person Of The Year (aka Ben Bernanke) Keeps Rates At Zero

Executive Editor Jack Otter and I discussed Time Magazine's naming of Ben Bernanke as "Person of the Year" BEFORE the interest rate non-decision today.

In case you missed the FOMC meeting results, here are the highlights:

Rates will remain exceptionally low for an extended period of time
The economy is picking up, albeit slowly
Labor market deterioration is abating
Liquidity facilities will end in Q1 2010

And now, back to our show...

Jill Schlesinger

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.

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