Detailed text transcripts for TV channel - CNN - 20170709:22:44:00
On wednesday the fed chief will testify on monetary policy before the financial house services committee. investors want to know whether the fed is still on track for more interest rate hikes this year. and when it will begin shrinking its $4.5 trillion balance sheet. now, most economists say friday's strong job report gives room for raising interest rates. they added 222,000 jobs in june. the unemployment rate did tick slightly higher, because more people joined the labor force. now, later this week, investors will turn their attention to bank earnings. jpmorgan chase, wells fargo and citigro...