Anna a welcome to the program everybody. 6 00 in the morning here this wednesday. Manus, thank you very much. ,his is janet yellen yesterday cautious and gradual the watchword. Bloomberg has what she had to say in the immediate aftermath, month towards the worst in five years. A contrast to last week, hearing that the talks was whether that the meeting was still on. Manus a lot of the argument, the people that spoke last week, there was a real sense of interpretation that this was her finest, strongest, commanding thech in terms of commanderinchief of the federal reserve. I quite like this. We are being a little bit tongue an inching. It goes to the heart of the issue. Rp function,at the wr we have shifted. 28 probability of a height in june. No sign of a height, 54 of ability by the end ina there was a 6 chance april. Nowall chance earlier, zero. Manus cranny have emerging markets really shifting gear. The biggest jump in almost two weeks. We are getting back a little bit of this this
Lets get straight to the top story. Fed chair janet yel hn the floor yesterday, and she made it clear she isnt on the same page as her hawkish colleagues. Shes moving ahead carefully with the Central Banks decision on future rate hikes. In particular, developments abroad imply that meeting our objectives for employment and inflation will likely require a somewhat lower path to the federal funds rate than was anticipated in december. Given the risk to the outlook, i consider it appropriate for the committee to proceed cautiously in adjusting policy. Her dovish tone lifdhe dow and the s p, both indices posting their highest closing levels of the year. The s p is now up half a percent for 2016 as a whole and has fully recovered after seeing its worst january since 2009. Lets have a look at futures at this hour. Were expecting that positivity postyellen to continue. The dow called higher by 93 points. The s p by 11. The nasdaq by around about 25 points. Lets also have a look at the bond ma
Almost 100 points at a ties level of the year. Dissecting stock market futures, dow futures up, look at this, another 90 points, nasdaq gaining 25. Janet yellens comments helped boost stocks in china, the shanghai composite index up 2. 7 . In japan a stronger yen hurting stocks, the nikkei was down numb 1. 3 . Oil prices sinking for the fifth day in a row and up this morning, reversing the down trend, crude trending 1. 8 . Nicole the battle over a terrorists phone is over but the war over privacy is just beginning. Lauren boeing announcing it is cutting thousands of jobs, we will tell you where. Lauren in sports the Golden State Warriors are closer to maxing the bulldogs and it will also be 3000, and George Washington in the final tomorrow. Those stories and more coming up. It is 5 01 on wednesday morning march 30th on fbn a. M. Nicole ted cruz getting a major endorsement from the states governor, scott walker, a week before the crucial primary. During a town hall event in milwaukee do
Heard this and will Trump Supporters care . I think this may be one that sticks to be honest with you. This is another case of donald trump shooting from the lip and not thinking through his answers. And you get caught when somebody puts the question out there that if you havent thought about, can be tricky. And in the case of this particular question, it isnt even tricky. A nobrainer response. He got caught. Wisconsins primary on tuesday, in wisconsin, do you think it will play in a small, big or medium role. Reporter medium. Donald trump seems to be teflon made. Things bounce off of him but this was telling. What it said was that he doesnt think through his positions very well. And because he is always trying to respond with trumpisms, he gets caught in the middle of these things sometimes and this was something where he had been thought about this and so he jumps to a oneliner and its rather dramatic. Well, brian i wish i could give you a specific example but i remember the last cou
Subjects words playing many characters in onewoman shows. Ive followed several catastrophes over my career, and i find that catastrophe is the place where people become most creative in their language. One of her latest projects a play about the schoolto prison pipeline a trend in which children move from the classroom into the criminal justice system. I met a young man who was in prison outside of of washington, d. C. He is 18 years old. He says, once you become you get committed, which means being sent to jail they give you services. He says they give you they give you a job, you get a tutor, you get mental. Baltimore is home to the performance artist. Its an appropriate setting to research violence and economic despair. I think that that poverty is now considered some kind of a disgrace, some kind of a pathology. Smith has received countless accolades and awards. In Popular Culture shes best known for her tv work on nurse jackie and the west wing, and films like the american preside