This post by Jill Schlesinger originally appeared on CBS' MoneyWatch.com.
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 (click here to view the video).
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 ...
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