To the Market Reaction. The market seemed to rally on this news. Why do you think that was . Well, remember that this particular move was targeted way in advance, and the market had adjusted to it. The only question that was out there was what was going to happen subsequently that, not that you could actually make certain happen but with what the policy was. As it became apparent the fed was going to just raise the rates and then not do a whole series of rates, then basically the markets said uncertainty is gone. Therefore income earning assets go straight up. This is just a classic case. I ran into it many times in the sense that choices that we had were always, do you want the market to know exactly what the plans of the Federal Reserve are or not . It depended on a very, very technically difficult problem. How much risk do you want in the system . If there is too little risk, youre bubble creating. If theres too much risk, youre suppressing growth beyond what it should be. Part of F
Minds all the time. We hear violence we see violence all showis why we violence in the first hint of aggression. Religious figures or anybody who might Say Something helpful in this matter which is the violence we have in our hearts because of the hatred all around the world. Host i will leave it there, send weve in this headline which is out of chicago. Many of you know there was another Police Shooting their and the mayor rahm emanuel is facing growing anger and he cut his vacation short to come back from cuba. Partly in the wake of the Police Shooting over the weekend that claimed the lives of two people propping the city to improve its response to calls involving mentally ill people. Left the Approval Rating in the teens. He called for his resignation to become commonplace. Responding with a flurry of public activity to make shortterm changes in longterm promises. We will end the conversation for now. We will take a short break and when we come back we will meet with the congressio
Charged with the murder of 23yearold beau zabel. The crime happened weeks after zabel moved to philadelphia for a Teaching Program. Nbc 10s Mitch Blacher joins us live. Mitch, what was the familys reaction . Reporter keith, they were disappointed. The defense says it won simply because the prosecutions witnesses were not believable. The jury deliberated for three hours before it reached that guilty verdict, finding march or that not guilty verdict, before it found Marcellus Jones not guilty. Jones is convicted of killing tyreek taylor for snitching. Zabel was a teaching student who had moved to philadelphia for a Teaching Program when he was shot to death. The killer stole his ipod. There were no clues into who did it until tailor was killed. That led detectives to jones. Zabels family came from minnesota to watch the trial. Theyre obviously upset. I saw the evidence from this trial. I saw the he saw from taylors trial. I know i believed in the testimony. And i know who i dont believe.
The shenandoah valley. It will be between 4 00 and that it will be getting closer to us. By 6 00 p. M. It will be. Cog into the metro area. All the roads will be wet for the latter part of the afternoon. Then that tracks off farther to the east. Just a few lingering sprinkles after that into the latter part of the evening. Most of this ending by tonight. Next look at weather and traffic on the ones and now Melissa Mollet is looking at a couple of problems in Prince Georges County. Lets take a look right now at my map. You can see one of the problems right here. Fair mount heights at addison road, your alternate is going to be eastern avenue. This is the problem there with that vehicle into the house. Ft. Washington with a road shut down, palmer. The beltway, we deal that in a couple of minutes. Everything look good on the main routes into and out of town. We mentioned this a few moments ago. A road in ft. Washington closed right now for a Homicide Investigation overnight. Were learning
You ready for weather alert day. If youre in the other room, look at the screen. Storm team 4 radar shows you the rain is coming down now with the rain to come. And live pictures on the right show the wet roads youll likely face when you leave for work. Good morning. Im aaron gilchrist. Im eun yang. Welcome. We want to get to chuck bell to find out more about what we can expect in the weather in the day ahead. Good morning to you, chuck. Thanks and good morning, you guys. Weather alert day for the impacts the rain will have on the morning commute. Could slow things down. Well keep you ahead of the weather by putting extra social media postings out and extra push alerts out on the websites and nbc washington app. Get those downloaded. Weather headlines for today, slow going this morning. Rain should ease up a little bit later this afternoon, but were not done yet. More rain coming our way tomorrow. Storm team 4 radar this morning, yellows and oranges down here near charlottesville thats