Federal Reserve intended to hold short-term interest rates near zero, Fed does not expect the economy to complete its recovery from the 2008 crisis over the next three years
For those Americans who continue to believe words speak louder than actions, president Obama's State of the Union speech was a smash hit. In fact on Wednesday, CBS News cited an online poll conducted by Knowledge Networks immediately following the president's address, which claimed 91 percent of those who watched the speech approved of the proposals Mr. Obama put forth. That was up from a "paltry" 83 percent who approved last year's speech. This is the words part of the equation.
