You're watching...
FBN’s Neil Cavuto on the Federal Reserve’s promise to keep interest rates low for another three years.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
OK so -- is gone and I guess the closest thing we have to -- hero today it is.
Ben Ben Bernanke yet the guy runs that that is the closest thing we've got to the first got to walk on the moon.
Are not exactly -- hero but what -- did -- of the financial markets today.
-- OK not Superman heroic but super just the same the guy who could promise them a rescue and actually deliver.
Even though is built on spreading a lot of money and worrisome no matter then.
Matters on a day we say good -- to allege in the legendary performance for -- Not a qualitative one a quantitative one.
The because for the third time in what roughly as many years -- is going back to the financial well and buying up all the treasury notes and bonds you can essentially.
Get is hot little hands on to keep interest rates as low as they can go what's more.
Ben just made this super -- promise.
To kick them all court three years.
Three years.
It today it'd -- we have a hard enough time getting leaders to stick to promises to three days.
That is -- that is the closest thing to an astronaut today his promises -- out of this world.
And the expectations the markets have -- to keep it -- -- at least save even more so.
If only Neil.
Had it so easy.
-- -- walked on the moon.
It's as if this guy.
Walks on water.
-- --
