One fed member indicated that he or she believes rates could rise a half percent at the december meeting, not just a quarter point. Surat, can stocks and rates both rise at the same time . I believe they can. The reason being that the fed has been actually pretty good at telling us what theyre going to do those expectations are baked into the market. The market hates uncertainty so whats driving this market and whats driven this market since last july are earnings global earnings are doing better and i think theyre going to continue to do better. And if rates move up but they dont move up faster than expected, i think you will see the market go up multiples might not expand because i think theyre pretty high levels, but if earnings expand, then stocks grow into those earnings. John, listen, in 1994, the Federal Reserve raised rates by 2. 25 . In 1995 the dow rose 33 can we do it again we can. Can or will i think we will first of all, can we go up when rates are going up weve done it be
Good afternoon. At our meeting that concluded earlier today, my colleagues and maintain the target range for the federal funds rate at 1 to 1. 25 . This accommodative policy should support some further strengthening in the job market and return to 2 inflation, consistent with our statutory objectives. We also decided that in october we will begin the Balance Sheet Normalization Program that we outlined in june. This program will reduce our Securities Holdings in a gradual and predictable manner. I will have more to say about these decisions shortly, but first, i will review recent economic developments in the outlook. As we expected, smoothing through some variation from quarter to quarter, Economic Activity has been rising moderately so far this year. Household spending has been supported by ongoing strength in the job market. Business investment has picked up and exports have shown greater strength this year, in part reflecting improved Economic Conditions abroad. Overall, we expecte
More body cameras have helped stimulate that because its only in response to the cell phones. If the cell phones werent there the body cameras were not be as urgent. The bottom line is that all policing is local. Whatever it is that the federal level the responsibility to address crime occurs locally. The motivation of that personnel belongs to the chief and the sheriff. Thank you for being here today. [applause] [inaudible] [inaudible] [inaudible] [inaudible] [inaudible] [inaudible] from the aging of the us population, relatively steady Participation Rate is a further sign of improving conditions in the labor market here we expect that the job market will trend of further returning to inflation the 12 month change in the price index for personal consumption, expenditures was 1. 4 in july, down from earlier in the year. Core inflation which excludes the volatile food and Energy Category has also moved lower. For quite some time inflation has been running below the committees 2 longer r
Cooling trade winds, and the crystal blue caribbean sea. Nonstop flights are available from most major airports. More information for your vacation planning is available at aruba. Com. And now, bbc world news. Laura this is bbc world news america. Reporting from washington, i am laura trevelyan. Donald trumps former Campaign Manager is charged with Money Laundering, as another exaide pleads guilty to lying to the fbi. The white house says it has nothing to do with the president. Ms. Sanders we have been saying since day one there has been no evidence of traumatrump russia collusion, and nothing in the indictment today changes that at all. Laura kevin spacey apologizes after being accused of making a sexual advance towards a 14yearold actor in the 1980s. And 100 years since the russian Russian Revolution, we visit st. Petersburg to see what the drama of 1917 means today. Welcome to our viewers on Public Television in america and around the globe. It has been a fastmoving day in Robert M
Crystal blue caribbean sea. Nonstop flights are available from most major airports. More information for your vacation planning is available at aruba. Com. And now, bbc world news. Laura this is bbc world news america. Reporting from washington, i am laura trevelyan. Donald trumps former Campaign Manager is charged with Money Laundering, as another exaide pleads guilty to lying to the fbi. The white house says it has nothing to do with the president. Ms. Sanders we have been saying since day one there has been no evidence of traumatrump russia collusion, and nothing in the indictment today changes that at all. Laura kevin spacey apologizes after being accused of making a sexual advance towards a 14yearold actor in the 1980s. And 100 years since the russian Russian Revolution, we visit st. Petersburg to see what the drama of 1917 means today. Welcome to our viewers on Public Television in america and around the globe. It has been a fastmoving day in Robert Muellers investigation into po