KQED Nightly Business Report May 19, 2016
Today it became more important after the Federal Reserve gave the clearest indication that the central bank could potentially raise Interest Rates again. In its released minutes most of the members say they are ready, they just need the economy to cooperate and that sent stocks on a wild ride with the dow moving 200 points in 45 minutes. By the close the dow index was off three points and the nasdaq rose 23 and the s p 500 was up fractionally. We have two reports tonight. Steve reports from the Federal Reserve on the minutes of the Central Banks last meeting. Reporter the u. S. Federal reserve...