Statement the fed held back from changing its line on the balance of risks. A number of Committee Meetings were edging in that direction. What did they do . It seems a compromise here. They do not change the balance of the risk statement but they add that word further a couple of times in the statement. That change was explicitly in the context of the brightening outlook that fomc officials have for growth in 2018. Said they agreed to update the characterization of the expectation for the evolution of the federal funds rate in the postmeeting statement to point to further gradual increases. It appears this was a half step by the committee in january. Ok. Towards signaling a quicker pace of increases but a half step. Lisa thank you so much for that. U. S. Markets close in two hours. We are getting so much reaction and bond markets to the fed meeting minutes. Lets get a check on where stocks are trading. Taylor we are seeing highs of the day. Gains accelerate going into the meeting. We w
A south korean Court Suspends his sentence. Calls for jacob zuma to step down grow louder as the African National congress hold an emergency meeting in oval forcing his resignation plus. The only surviving suspect from the two thousand and fifteen terrorist attacks is in called we go live to brussels as hes charged with attempted murder. And hundreds of thousands of refugees who fled war torn syria could soon be forced how right back into the violence and on time how much criticizing Philadelphia Eagles and they stand the new England Patriots to win their first ever super bowl americas biggest sport back. Samsung ajay wiley has been freed from prison a south korean called suspended his five year jail term for bribing the disgraced former president the Appeals Court up held parts of the conviction but used its discretion to release the executive m. T. S. Tired reports. Leaving this Old Detention Center a free man if you would have predicted samsungs Electronics Vice chairman jay wiley w
Since september. Bigdr pepper is todays winner surging on the news of a 18 billion approach from coffee keurig. Yo betty that is a lot of caffeine to start your morning with. We saw ageold in the treasury market. They, it was really about bond market, and that is spooking investors. I want to pull up this chart. The yieldlking about curve flattening, there was a miss read of that, and we know primarily a big reason for that is the shorter end of the yield curve was rising faster than the long curve. Now it seems the 10 and the 30, which were lacquered, is finally playing catchup. Given the movement we saw today, that catch up might move up pretty quickly. We talked about what a wild week it was for traders. Announcing how much issuance theyre going to be having for this year, and also the report is a recipe for higher yields, and also the dollar catching up with this rising yield. You heard analysts with reports saying it is not going to last they arebecause saying, you cant exactly re
Man opened fire and a Movie Theater last night. He killed two people and wounded nine others before killing himself. The shooter tried to escape and then turned back when he saw police entered the theater. Governor jindal when these acts of violence happen in a Movie Theater, when there is no real good reason why this kind of evil should intrude on the lives or families were out for a night of entertainment, a lot of us were horrified and shocked. The great thing about america is when any of us suffer, we all suffer. This is a time for us to come together. Vonnie and we have breaking news. Anthem will buy signet cigna. This had been telegraphed. Were waiting for this to become official. Anthem is buying cigna. That would work out to 48 billion, creating the Largest Health insurer in the United States. A year of talks. Tom and a moment in our financial history. I wish chris halen with you chris whalen was here. Ive never seen a headline that says anthem combined company sees accretion a
This morning could be more crucial than most. The Federal Reserve will decide whether to raise Interest Rates. No change is expected in the Unemployment Rate, now 5. 3 . We will break down the numbers on bloomberg tv as soon as they are released. The first republican president ial debate could be revealed, that the party is a house divided. The top 10 candidates in the latest polls skirmished last night for a National Tv Audience on fox. Is there anyone on stage who is unwilling tonight to pledge your support to the eventual nominee of the Republican Party, and pledge to not run an independent campaign against that person . We are looking for you to raise her head now if you will not make that pledge tonight. Mr. Trump . Tom was that fair . He set him up so bad for that. Vonnie pretty amazing. Brendan all three moderators really went at donald trump. Vonnie i have to read out his answer later on. It is hilarious. The first of 12 president ial debates. Brendan it is going to be a long y