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    Default 90 at 9: Fed holds at 0.25%, Greece sorted?; Moodys warns on debt avalanche

    David Chaston details the key news overnight in 90 seconds at 9am in association with the BNZ, including The US Fed has held its official rate target at 0.25%, but it was not unanimous, with a key member dissenting again. He warned of the risks of low rates over an extended period, saying this could be causing imbalances and a tougher policy response in the future.


    From: http://www.youtube.com/watch?v=ydWhaqaEWB8&feature=sub&playnext_from=TL&videos=6NC-7OdSOik&playnext=1


 

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