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Good morning -- on the free money the Federal Reserve there is everything but the kitchen sink at the markets and stocks -- in quite an impressive rally on Thursday the Dow tacked on 207.
Closing at its highest level in just about five years and did open the S&P five -- -- And the NASDAQ will open at its highest level in twelve years.
So what -- the feds say it's committed to pushing long term rates lower keeping interest rates near zero through 2015.
And more money printing the Fed will -- forty billion dollars in mortgage backed securities each month starting today.
And we'll continue to do so until the job market gets better.
Now critics of the Fed's -- -- money printing and bond buying don't create jobs they create inflation.
And the higher cost of gasoline for instance will hurt Americans more than further stimulus we'll help them.
The cost to fill up a prescription is growing now 45% of people under 65 years old who don't have insurance coverage for prescriptions.
City have not filled them in the last year because it costs too much money to -- -- That according to consumer reports just 27% said the same thing last year.
More Americans are putting off doctor's visits declining medical tests even cutting pills in half.
Just to save money.
Flying southwest it'll cost you more money in the nation's largest domestic carrier has raised roundtrip airfare by ten dollars.
On 10% of its flights because southwest is a low cost carrier it's fair hikes are usually matched by the others if that happens this time.
It will -- -- sixth industrywide airfare hike this year that's business for more -- on fox -- dot com.
In New York -- Lawrence and in any.
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