Claman on Call: When Will the Fed Tire of Being Patient?

By Markets FOXBusiness

U.S. stocks ended the day mixed, both the S&P 500 and the Dow briefly spiked following the release of the Fed's minutes, but still closed in negative territory.

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"Stay calm and carry on" was the message from the FOMC minutes out this afternoon, with the Fed saying that removing the word "patient" from their statement would be too disruptive to financial markets -- but should that be the concern of the Federal Reserve?

The Fed "whisperer" and Wall Street Journal Chief Economic Correspondent Jon Hilsenrath joined FBN Wednesday to help decode the statement. Head to FOXBusiness.com/OnCall to see when he thinks the Fed will become impatient with being patient.

And multiple restaurant stocks broke out to record highs today -- just in time for Restaurant Week. Hospitality entrepreneur and seasoned chef Charlie Palmer shared with FBN what Restaurant Week means for his restaurant empire. Head to FOXBusiness.com/OnCall and check out some of the juicy deals Palmer's restaurants are offering.

On Thursday, we'll be watching initial jobless claims, out at 8:30 a.m. ET.

Be sure to check out all of today's interviews on FOXBusiness.com/OnCall and tune into Countdown to the Closing Bell every week day at 3 p.m. ET.

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