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FOMC Minutes Have Little Market Impact
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FBN’s Lori Rothman with an afternoon market update and reaction to the FOMC’s April minutes.
- Duration 0:52
- Date May 16, 2012
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FBN’s Lori Rothman with an afternoon market update and reaction to the FOMC’s April minutes.
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I'm Lauren Rothman with -- fox business for -- The latest minutes from the Federal Reserve cannot do a whole lot convinced the market Central Bank says that conditions of the broad financial -- were little changed.
-- last meeting.
Oil prices are again under pressure as the dollar gains strength against the Euro amid mounting concerns over the debt crisis as -- prices -- Americans are getting some relief at the pump.
Triple -- daily -- gauge shows the national average for a gallon of regular gasoline is three dollars and seventy cents.
New home construction rose more than expected in April a sign is struggling housing market may be healing according to the Commerce Department housing starts came -- An annual rate of 77171000.
On the other hand building permits a gauge of future activity fell seven.
And that is the latest from the Fox Business Network giving you the -- across.