KQED Nightly Business Report July 10, 2014
Profits. They combined to send stocks higher. The bankers seem to agree on when to wrap up the latest bond buying stimulus plans but differed on when to raise shortterm Interest Rates. Despite that, investors like what they heard. The dow closed up by 79 and the nasdaq up 27 and s p added nine. Steve liesman has more on the minutes from the latest policy meeting and what the central bankers are thinking about how and when they will announce the first rate hike since june of 2006. Reporter the Federal Reserve providing details of how it will bring the great Monetary Policy. Minutes of the june ...