Bloomberg markets. Lets bring in tom mckie. He did not bury the lead at all. In his opening statement, he addressed the market volatility we have seen. He said look, we dont know if this is going to produce a global recession that will impact the United States or not. In the past, we have seen not amountthat did to any impact on the u. S. See. Ve to wait and then he immediately pivoted to the question of what does that mean for Rising Interest Rates . Here is what he had to say. Mr. Fischer i cannot answer that question, because, as i have emphasized in the past, we simply do not know. The world is an uncertain place, makers Monetary Policy can really be sure of is that what will happen is often different from what we currently expect. That is why the committee has repeatedly indicated that its policy decisions will be dated dependent. Is, we will adjust policy appropriately in light of economic and financial events to best foster conditions consistent with the attainment of our employ
Illm josh benson and im stacie schaible. Many of us are getting ready to file our tax returns, of course, but watch out. Someone is calling people pretending to be the irs and using threats to make those cough up the cash. Peter bernard has more. Reporter a part time ymca employee is off the job after Gulfport Police say he was involved in an irs scam. Lee is all smile in Wells Fargo Bank Surveillance Video as he watches a teller count at 6800. The police chief tells me hes apart of thieves who threaten people on the phone. They someone pretended to be an irs person. They sent the money concerned it was real. As i was doing it these guys were so good. Detectives believes others are involved in this fake irs scam and anticipate charges and arrest. Lee is suspended without pay and more likely will be terminated. News channel 8. Police are trying to track down car jackers on the loose in the bay area. A woman was car jacked by a group of three men. An officer spotted the car. The pole. Th
Meteorologist mark collins. I got my long sleeves on. I have my lesson. It is hard for floridians to dress for the cold. It is hard to put on the layers but you need them. It is still cold. One difference is that it is sunnier and the rain is moving out. Were seeing light rain showers, sprinkle type variety around bradenton, sarasota, and it will last an hour or so. When the sun comes up well be done with the rain. You see how chilly it is. Numbers in the 40s and 50s. 48 in tampa. 51 in st. Pete. 52 in bradenton. Forecast today, warming up by 10 degrees by 10 00. It will be blustery, driving winds out of the northwest and the sunshine makes a strong comeback. I remind you all that you can our storm team 8 weather max app. Download it from the app store. Thank you, mark. Right now, tampa police are searching for a shooter who hit eight people at a tampa club killing one of them. We first brought this to you as breaking news yesterday morning. Now more than 24 hours later and still no on
Week in the futures market. The nasdaq would be down about 10 102 points and this comes after the dow closed in triple digit negative territory yesterday despite a big spike in oil. We did see another negative session in asia. Of course among the big reasons, new Economic Data showing chinas Manufacturing Sector contracted last month. It contracted at the fastest pace in three years. The official number contracting for the First Time Since february. You can see how the Chinese Markets are he reacting to that. Down about 1. 25 but you can see a sharply reaction in hong kong and shen seven which shows chinas higher growth stocks. Meantime, exports from south korea tumbled by the most in six years so that is also effecting the markets here. Shanghai composite was down as much as 5 before recovering to close down 1 thanchts loo. That looks better. We have to switch the percentages. Soon, now, today i think. Instead of arresting people that are selling stocks like in china. Thats first reac
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