The economy judged that the fund rate market is now appropriate. Recognizing even after this increase Monetary Policy remains accommodative. As i will explain the process of normalizing Interest Rates is likely to proceed gradually. It will depend on how the economy evolves with employment and 2 inflation. It will target the range when it sees further improvement in the labor market and it was reasonbly confident that inflation would move back to its 2 objective over the medium term. In our adjustment these two criteria have now been satisfied. The labor market is clearly shown significant further improvement toward our objective of maximum employment. So far this a total of 2. 3 million jobs have been added to the economy, and over the most recent three months an average of estimated 218,000 per month, similar since the beginning of the year. The Unemployment Rate since november has been down. 5 of an percentage point of last year and is down of last year. A broader measure of unemplo
With a live look outside to our booze camera you concede that the cat befog is sitting over surfaces or right now its a great start for the thursday morning. We also have some coast to deal with. Looks like will see a lot of sunshine this afternoon we do have some delays as averaging 55 minutes. Later on today we should see those delays clara. Also see more hine. if you plan to drive their San Francisco as long Holiday Weekend it ready for some traffic and especially on the trip to to 80 because of the big construction projects. It starts tonight. looking at to 80 southbound just coming at a separate cisco this is part of the area that chemicals over this long Holiday Weekend is a couch as project on to any but a close down the entire south moderation and to 80 basically from six 18th st. All the way to pennsylvania avenue. How long as is the last its the last all week and long. Its been a star tonight at 9 00 p. M. And is gonna stretch all the way till 5 00 a. M. On Tuesday Morning be
Connection to yesterdays massacre. Todays killer was dressed the same all in black and wearing a bulletproof vest. That gunman also still on the loose. Hundreds of Police Reservists are being deployed to paris for a burst of violence that has been unsettling as it is tragic. In the meantime bells chime and a nation pauses to mourn. [ bells chiming ] from the Notre Dame Cathedral to mosques around paris, one of the busiest cities in the world came to a halt for a minute of silence earlier today. It was an extraordinary moment as parisians and many people around france pause to remember the horror of what happened here just yesterday. Were covering this developing story with resources only cnn can offer, our reporters, guests and analysts are in place around the world to cover all the angles of what is still a very fastmoving story. As you know the manhunt still under way. The two gunmen still the two suspected gunmen still being hunted down by police. I want to go to Atika Shubert who h
Youre about too see as the attack unfolded just a few hours ago. Its shot from a nearby roof top and you can hear the gunfire ringing out and someone shouting god is great. They have also cried we have avenged the prophet. An see the gunman running, you hear shots being fired. Theres the chilling pictures that was also posted on twitter of one of the masked attackers holding a gun as a policeman lies on the ground. At least a dozen people are confirmed dead eight people are wounded, four of them critically. The gunmen are still on the loose as of right now. The wounded were put on stretchers they were taken away in ambulances. Witnesses say the assailants were dressed in black, they wore hoods and were armed with kalashnikov submachine guns and possibly yes, possibly, a rocket propelled grenade launcher. Lets begin our coverage with our Senior International correspondent Jim Bitterman in paris. Jim, what is the very latest . I think the latest is that weve seen the president of france
From The Dish at Stanford to the aviation beacon atop Mount Diablo, here are three Bay Area hikes that celebrate space, science and intergalactic travel.