Ryding, Holland Discuss Fed Decision on Rates, Policy: Video

Nov. 4 (Bloomberg) -- John Ryding, chief economist at RDQ Economics LLC, and Michael Holland, cha...  More »

Nov. 4 (Bloomberg) -- John Ryding, chief economist at RDQ Economics LLC, and Michael Holland, chairman of Holland & Co., talk with Bloomberg's Carol Massar about today's decision by the Federal Reserve to maintain its benchmark overnight lending rate between zero and 0.25 percent. The Federal Open Market Committee restated its intention to keep rates "exceptionally low" for "an extended period" as long as inflation expectations are stable and unemployment fails to decline. (This is an excerpt from the full interview. Source: Bloomberg)  « Less