Page 28 - Basis Point News Today

Way in? are they making his life hard, are they being mean? >> during the whole campaign, i said the fed will someday raise rates if donald trump gets elected. were off the bottom. i dont even care. a quarter of a basis point. very low, it will marginally increase credit card rates and things like that. i dont think you have zero percent interest and market publ bubbles. the dow is going up to 20,000, they are saying free market capitalism, lower taxes, less regulations is very, very good for th...

You can bet theyre going to take up your mortgage. if you have a 4 and change, im talking about it going to 5 and change. but for many americans, when it went from 5 and change to 4 and change, you refinanced. so expect the same level of angst that you had joy when they were going down. >> so how about this, in the 80s and 90s, interest rate movements were quite common. and then we went through this decade where basically we had near zero percent interest rates. whats more likely to happen in th...

Something like this? >> yes. something like this, being a very small rate hike, a quarter of a percentage point. that question is more germane if you think you get a lot more by way of these rate hikes as next year progresses and, in fact, if you look at the forecasts out today from the federal reserve, theyre thinking about maybe raising rates a percentage point a year over a few years and data driven like sue said. if a positive indicator shift into reverse, theyll rethink that. but i actually...

Following developments for you from wall street, and take a look at the stock market. i mean, its down, what, 11 points. stocks are basically in a holding pattern as investors wait on this afternoons big announcement on interest rates from the fed. cnbcs sue herera is here with a market rundown. sue, good morning. whats the thinking out of wall street? >> good morning. well, the thinking on wall street is that if the fed will hike interest rates, they would do it at this meeting probably by only...

Press conference by chairman janet yellen. stocks have largely been trading water, all the major indexes up. the dow is up about 44 points. we are starting to see gains there. thats because wall street is divided on whether we will actually get liftoff today. if the fed does begin raising rates, its expected to be a 25 basis point, basically a quarter of a percent increase. thats a small move. the bigger question will be how central bankers continue to hike from there. for everyday americans, wh...

Points. thats what those folks are making. so there are a couple other products that are affected. these are for people really trying to provide for themselves. long-term health care insurance policies. you want to provide for yourself in old age. you want to buy one of these things? theyve been super expensive because of the low rates. now if the rates move the other way it will advantage other people, long term care insurance, cds, people setting aside for their insurance. >> the losers? >> my...

Exchange for air support. an estimated 10,000 fighters roughly one-third of the government aligned forces there, are now on the sidelines of the battle. some militias ss say they might return their weapons for american planes. for weeks, isis fighters have been able to repel the defensive despite being significantly outnumbered. it would be amusing if it wasnt so sad. nbc news foreign correspondent ayman mohyeldin joins us live from the studio in new york to help us understand. >> our viewers pr...

Youre saying important stuff but hard to grab hold of. we have so much debt je to sell the debt. that put us at risk. >> so if nobody wants the debt it spikes yield and interest rate higher. yields on the bonds. 100 basis point went with what we saw, after the foreigners started to dump the debt this past year. that negates the federal reserve money printing that were doing to buy u.s. debt. it can wreck u.s. debt to spiral our pocketbook out of controls. >> david: sabrina, does the senator know...

City businesses that dodged a bullet on the big gulp thing. youre being told 20 or more workers, you have to allow sick time for them. if you have a waiter or waitress and he or she calls in sick, you have to pay them. >> i talked to a friend of mine who you know who owns many restaurants around new york. everyone is outraged how this could happen. now she wants to become -- this lady wants to become the mayor of new york. you know whats going to happen? im going to florida. im going to have pea...

I think we have largely missed the opportunity to talk about those kind of structural racist opportunities. >> you went online on twitter. i remember when i first started receiving tweets of people saying why arent we doing this story and then had you on. do you believe without that dynamic, and giving you a voice, you were able to get the eyes and ears on this story? >> no. thats i think frankly i have lived in a lot of different places in america. ive been around and just in my gut and my spir...