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FOMC Meeting November 2011 - Bernanke Keeps Interest Rates Low (LIVE)

Date: 11/2/2011



US Economy Video - FOMC Meeting November 2011 - Bernanke Keeps Interest Rates Low (LIVE) testimony of Ben Bernanke's statements on the US Economy. The Federal Reserve noted that they plan to keep lending rates at low levels for the forseable futures.

Stocks remained elevated with the Dow Jones up 158 points to 11,815. The S&P 500 was up 16.02 points to 1,234.3. There were no real knee-jerk reactions to Bernanke's statements and most of the message was consistant with what the market was looking for.