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Stocks stumble just a little following changes to the FOMC's economic forecast which show an...

Stocks stumble just a little following changes to the FOMC's economic forecast which show an upgraded view of the economy and inflation's speed - not the sort of estimates put together by a group fixing to launch additional policy easing. DJIA +0.3%, S&P 500 +1%.
Comments (3)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    They said nothing ...for someone who knows they are not going to raise rates for 2 more years.......but not know what the economy is doing today...makes me wonder....what were the statements you could hang your teeth on....none....
    25 Apr 2012, 02:17 PM Reply Like
  • David Urban
    , contributor
    Comments (1036) | Send Message
     
    I would love to know the basis for upgraded economic forecasts?

     

    Chinese PMI remains under 50...Britain is in recession....Spain needs a bailout.....the EU is close to a recession
    25 Apr 2012, 02:38 PM Reply Like
  • ngraf
    , contributor
    Comments (22) | Send Message
     
    Sounds like election year rhetoric to me. Drive the market up for Obama.
    25 Apr 2012, 11:21 PM Reply Like
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