Policymakers say soft Global Growth and Financial Market volatility pose risks to their economic outlook. Recent Economic Data shows some firming. This morning we learned core Consumer Prices which exclude food and energy rose. 3 last month, that was more than expected and the notion that the fed will delay some rate increases sent stocks higher and bond yields higher. The Dow Jones Industrial average gained 74 points to 17,325. The nasdaq added 35 and the s p 500 rose 11 to its highest level this year. Steve liesman reports on why the fed seems uncertain about the economic recovery. Reporter a dovish Federal Reserve kept Interest Rates unchanged in its march meeting and suggested it would be very cautious about future rate hikes. In fact, it slashed the number of hikes it forecast this year with the average number of rates, the committee now seeing just two rate hikes this year down from four. The fed gave a fairly upbeat assessment of the u. S. Economy and jobs but was clearly concer
Policymakers say soft Global Growth and Financial Market volatility pose risks to their economic outlook. Recent Economic Data shows some firming. This morning we learned core Consumer Prices which exclude food and energy rose. 3 last month, that was more than expected and the notion that the fed will delay some rate increases sent stocks higher and bond yields higher. The Dow Jones Industrial average gained 74 points to 17,325. The nasdaq added 35 and the s p 500 rose 11 to its highest level this year. Steve liesman reports on why the fed seems uncertain about the economic recovery. Reporter a dovish Federal Reserve kept Interest Rates unchanged in its march meeting and suggested it would be very cautious about future rate hikes. In fact, it slashed the number of hikes it forecast this year with the average number of rates, the committee now seeing just two rate hikes this year down from four. The fed gave a fairly upbeat assessment of the u. S. Economy and jobs but was clearly concer
Policymakers say soft Global Growth and Financial Market volatility pose risks to their economic outlook. Recent Economic Data shows some firming. This morning we learned core Consumer Prices which exclude food and energy rose. 3 last month, that was more than expected and the notion that the fed will delay some rate increases sent stocks higher and bond yields higher. The Dow Jones Industrial average gained 74 points to 17,325. The nasdaq added 35 and the s p 500 rose 11 to its highest level this year. Steve liesman reports on why the fed seems uncertain about the economic recovery. Reporter a dovish Federal Reserve kept Interest Rates unchanged in its march meeting and suggested it would be very cautious about future rate hikes. In fact, it slashed the number of hikes it forecast this year with the average number of rates, the committee now seeing just two rate hikes this year down from four. The fed gave a fairly upbeat assessment of the u. S. Economy and jobs but was clearly concer
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