Reserve chair janet yellen did not say when a hike could come. Backing off comments she made just a few weeks ago. Last month she said rates would move up again in the coming months. Today she dropped that reference. She also said she and her colleagues will wrestle with last weeks weak job data when they meet next week. Investors liked the sound of that because it suggested that a rate hike is now off the table. Dow jones industrial average up 113 points to 17,920. Nasdaq added 26. The s p 500 rose 10 to its highest level of the year. Steve liesman has more now on the fed chairs workout. Reporter fed chair janet yellen said in a major speech the fed remains on track to raise Interest Rates. But reacting to fridays dismal jobs report declined to say when that rate hike might come. If incoming data are consistent with labor Market Conditions strengthen and inflation making progress toward our 2 objective, as i expect, further gradual increases in the federal funds rate are likely to be
Reserve chair janet yellen did not say when a hike could come. Backing off comments she made just a few weeks ago. Last month she said rates would move up again in the coming months. Today she dropped that reference. She also said she and her colleagues will wrestle with last weeks weak job data when they meet next week. Investors liked the sound of that because it suggested that a rate hike is now off the table. Dow jones industrial average up 113 points to 17,920. Nasdaq added 26. The s p 500 rose 10 to its highest level of the year. Steve liesman has more now on the fed chairs workout. Reporter fed chair janet yellen said in a major speech the fed remains on track to raise Interest Rates. But reacting to fridays dismal jobs report declined to say when that rate hike might come. If incoming data are consistent with labor Market Conditions strengthen and inflation making progress toward our 2 objective, as i expect, further gradual increases in the federal funds rate are likely to be
Reserve chair janet yellen did not say when a hike could come. Backing off comments she made just a few weeks ago. Last month she said rates would move up again in the coming months. Today she dropped that reference. She also said she and her colleagues will wrestle with last weeks weak job data when they meet next week. Investors liked the sound of that because it suggested that a rate hike is now off the table. Dow jones industrial average up 113 points to 17,920. Nasdaq added 26. The s p 500 rose 10 to its highest level of the year. Steve liesman has more now on the fed chairs workout. Reporter fed chair janet yellen said in a major speech the fed remains on track to raise Interest Rates. But reacting to fridays dismal jobs report declined to say when that rate hike might come. If incoming data are consistent with labor Market Conditions strengthen and inflation making progress toward our 2 objective, as i expect, further gradual increases in the federal funds rate are likely to be
Where metro officials will give us an update today on the work that is expected to come. Medical . Good morning, i would say that in these last few weeks or so, virginia commuters are certainly bearing their share of the disruption from the safetrack surge here at braddock road. Weve had impacts on the blue line and the yellow line during surge two and yes, summits, surge 3 and 4 both about to begin. Its all going to start after the jewel 4th holiday. The shut down will include parts of the blue and yellow line, so surge 3 not be able to get to National Airport except by shuttle bus. Then, surge 4 begins jewel 12th to 18th. Theres the segment shutdown is going to be to between Pentagon City and National Airport. Here people in the southern part of the line will be able to access National Airport but commuters coming from the rest of the metro system, if they were planning on taking trains to National Airport will have to then take a shuttle bus to get there. This comes as we said as Me
Right now. This is fox 25 news at 10 00. Where is this storm heading next . Hermine is still churning in the atlantic ocean. 250 miles southeast of nantucket right now. Many models predicting this storm will head out to sea before making landfall again. Good evening everyone, im kerry kavanaugh. And im blair miller. Here in the last five hours we have seen winds from the storm up to 70 Miles Per Hour. Our Team Coverage takes but lets begin with meteorologist Sarah Wroblewski tracking the timeline of hermine. Reporter its still down to our southeast right now several hundred miles away but the storm has severe winds right now 70 Miles Per Hour. It has continued that strength over the last several hours as we take a look at the latest track. It is expected to remain that strong as we head through the overnight hours and take a jog towards the west. A little bit of a wobble but noticing the time stamp this is by wednesday and then out of here by thursday. So weve got a couple days that th