KQED Nightly Business Report April 7, 2015
Dow a tripledigit gain. The hope is the poor showing on the jobs front would be the reason for the Federal Reserve to delay raising Interest Rates until later in the year. Sentiment also improved when a reading on the Services Sector came in in line with estimates, and still showed growth. And then new york fed president bill dudley said chill, when the fed does raise rates, he said it wont be that bad. The likely task of shortterm Interest Rates after liftoff is as important as the timing of liftoff. I anticipate the path will be relatively shallow. The headwinds in the aftermath of the finan...