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This is CBS Eye on the World.

Here's John Batchelor.

The American economy at years end, the world economy at the beginning of a new year.

I welcome Elizabeth Peake, writes a column for the Hill,

a common for Fox News, much on Fox business.

To look at the moment, which is the chairman of the Federal Reserve and his board of governors,

voting and non-voting, are meeting in Washington scheduled,

and we expect an announcement in 24 hours or so of the decision to raise or not raise to lower or not lower interest rates.

That's what we're waiting for.

There is, however, a cheat sheet, and Liz is acquainted to me with it.

It's called the bond market.

Liz, a very good evening to you.

Okay, the bond market, like the best touts at the racetrack.

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