Fed Downgrades Economy, Keeps Stimulus

Wednesday, 30 Jan 2013 | 7:45 PM ET

The Dow suffered small losses after today's Fed decision. Randy Kroszner, former Federal Reserve governor and professor at University of Chicago, explains the Fed's outlook and next direction. Meanwhile Jason Trennert, Strategas Research Partners LLC, and Stephanie Link, The Street, discuss whether a market correction is ahead.