Tuesday, March 13, 2012

90 seconds at 9 am:Fed stands pat (news with Bernard Hickey)

US Federal Reserve
0% til late 2014
0% since Dec 08
No talk of QE 3
US economy better
Jobs market recovery
Temporary inflation
Due to oil price
Stronger US$
NZ$ down to 81.9 USc
Was over 82.4 USc
Rare move
Dow up 1%
US retail sales
Up 1.1%
Met expectations
US, EU, Japan
JOint WTO action
Against China
Rare earth ban
LCD screens
Higher prices
Environmental reasons
Growing trade tensions
China protests
EU carbon levy
2 euros/pp from China
Suspends Airbus deal
Obama creates
Trade enforcement unit
Targeting China
China stops revaluation


View the original article here

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