Upcoming Fed announcement has investors on alert

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Upcoming Fed announcement has investors on alert

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Upcoming Fed announcement has investors on alert

CBSTV Videos 1:15 mins

All eyes will be on Ben Bernanke as he is set to deliver a major speech that could outline the Fed's plans for the upcoming year. Analysts will be on alert for any mention that Fed officials might want a lower unemployment rate before increasing short-term interest rates from zero - which would be bad news for savers. Jill Schlesinger reports.

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