Wall Street looks to shake off losses in wake of Fed announcement

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Wall Street looks to shake off losses in wake of Fed announcement

Wall Street looks to shake off losses in wake of Fed announcement
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Wall Street looks to shake off losses in wake of Fed announcement

by CBSTV Videos 3:29 mins

Federal Reserve Chairman Ben Bernanke rocked the market by saying the Fed is likely to slow its buying of Treasury and mortgage bonds. Michael Santoli, a senior columnist at Yahoo Finance, discusses the move and how it's likely to impact the markets.

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