Wednesday, March 19, 2014

Today on QuestMeansBusiness

Alexey Ulyukaev- Russian Minister of Economic Development
- Russia says it will fulfil all oblations to supply energy to Europe and USA
- Foreign investment was growing in 2014
- Russia will continue to communicate with investors

Yellen on Taper, Interest rates & Ukraine
- A need to watch geopolitical issues
- Tapering $10B continues in April
- FED ditching jobless target of 6.5%
- Forecast GDP to approximate 3.2%
- Unemployment and inflation till significantly low
- Dow-Jones down 0.7%
- Forward guidance dropped to qualitative measures
- Unemployment could fall to 6.1%
- Bond purchase to be cut by $10 in April

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