VIDEO | by Reuters

Fed Unemployment Target: 6.5%

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VIDEO DESCRIPTION:
Stocks rose to seven-week highs during Wednesday's trading session- cheering the Fed's new stimulus plan and promise to keep ...
rates near zero until the unemployment rate gets back down to 6 and a half percent. But the enthusiasm was short-lived. Stocks fell back by the end of the session. The major indexes closing mostly lower. It's the Fed's latest attempt to boost the country's struggling economy. Wells Fargo's Brian Jacobsen:
Posted: 12/13/2012 | Views: 1,985 | Duration: 02:07
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