KQED Nightly Business Report April 30, 2015
Services produced across the economy, grew at just 0. 2 a massive deceleration from the Fourth Quarter and much worse than expected. A downgrade of the assessment of the economy leaving more questions about when the central bank will raise rates. Hampton pearson has more on the Federal Reserve statement, but we begin with Steve Liesman and the economys slow start to the year. The First Quarters weaker than expected gdp has ignited a debate on wall street and at thee over whether the economy is slowing more seriously or just working through some temporary setbacks. Severe Winter Weather in the ...