KQED Nightly Business Report July 13, 2017
The worlds most recognizable index up te c of the Federal Reserve said the central bank plans to increase Interest Rates, but perhaps not as often. Janet yellen used the word gradual to describe the pace, a word which shes used before, but today, the lack f the tough talk was enough to send stoc the Dow Jones Industrial average advanced 123 points to 21,532. More on why investors liked what they heard. Three hours of testimony and down to onee markets were dubbish comment from janet yellen about Interest Rates. Because the rate is quite low by historical standards, the federal funds rate would...