KQED Nightly Business Report September 22, 2016
On nightly siness for wednesday, september 2 good evening, everyone. And welcome. Im sue herera. Tyler mathisen is on assignment tonight. The Federal Reserve did not budge. Though there was some disagreement, policymakers decided not to raise interest but the central bank did say a few iortant things. That nearterm risks to the economy were more balanced, it signalled a possible rate hike this year and lowered its outlike for longterm Interest Rates and with that, stocks took off. The Dow Jones Industrial average grew to 18,293. The nasd added 53. Harpton pearson has more on what janet yellen ...