The Fed wants to keep interest rates low until 2013, which was supposed to reduce uncertainty. Why does Thomas Hoenig think it actually will have the opposite effect?
How American consumers will be affected: most mortgages and credit card interest rates are tied to U.S. Treasuries. That means higher mortgage payments and credit card bills.
CBS MoneyWatch editor-at-large Jill Schlesinger explains how your personal finance is affected by the hopeful jobs numbers and depressing market conditions