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Policy is with the entire path of Interest Rates will look like. And i really dont have much for you other than to say that they will be data dependent. That over time the stance of policy will be adjusted to try to keep the economy on a track where we see continuing progress toward achieving our goals of maximum employment and price stability. Theres, you know, the federal funds rate has been sitting in this zero to a. 25 range now for 6 years. This is and we have a large Balance Sheet. Were providing a very highly accommodative Monetary Policy. And even as we begin to normalize the stance of...

Here is vonnie quinn. Vonnie it is not that item though. Item 17 on the agenda today. European leaders more broadly say greece is not doing well enough. They want greece to overhaul its economy. Until they get that, they will not make any deal. They hope for a deal by sunday. It is clear that the process has to speed up here in the process has to speed up. Time is running short. With all of our progress, there is still a way to go. There is still some more progress to be done and some substantial reforms that need to be delivered. It is absolutely necessary for a good agreement. Vonnie greece ...

Good Economic Data out this morning. Often when you get a new high you tend more often than not to get a high the second trading day and it looks like we could be doing that for the s p. 1910, 1900 was the new record closing high which is bringing up a different kind of conversation. Inflation, suddenly. Were talking about that. Were talking about the dreaded iwith the word and implications potentially farreaching from the fed to your investments. If the people were going to talk to are right, two top names, David Rosenberg and ian shepherdson, both of them coming up on the program. Yeah. Ive ...

9 45, the ism manufacturing for new york. 10 00, we get factory earnings, chevron, cvs, msg, estee lauder, we will also get the annual meeting from Berkshire Hathaway. The differenceey this jobs date field, the up feel here, within the mergers, acquisitions, the dow at record highs. A change in nonfarm payroll at the 250,000, that is big, double what we need for population. That is putting america back to work. I know the Labor Participation at alan kruger is on a little bit later. Nymex crude, 99. 88 will stop lets move onto the vix and the idea of 13. 25 really shows what talking about on th...

Looks like almost a half a percent drop for both the ftse and the dax in germany. In the u. S. , a packed Economic Calendar today. At 8 30, weekly jobless claims. July cpi and empire state survey. Then at 9 00, tick data. 15 minutes later, july industrial production. At 10 00, the philly fed survey and the National Association of Home Builders survey. And the consumer is in focus once again today. Walmart and kohls among the names to show results before the bell. Well be hearing from dell. This is a little bit of a surprise because the pc maker was originally scheduled to report results next w...