Forecast. Fog is part of life in the bay area in the summertime. Million dollar question is will it interfere with the fireworks it interfere with the fireworks. Well lets take a look. We see socked in coast line. Even fog right in over the bay. Now heres the deal. Tomorrow night at 9 30 when the fireworks are going off fog will be near the beaches and around the bay. Its a pretty shallow layer so just patches near the bay. Clear inland. I think for most of your viewing it should be fine. Of course the ones in San Francisco some may interfere but some of the fog may interfere with the fireworks but most of them should be just fine. 50 to 70 for your temperatures. Specifically for your city low to mid 60s from santa rosa to napa. Berkeley. Upper skits red wad city. San jose pretty mild there exploratorium i would carry jacket with you. Bundle up the kid. Its going to be on the consolidate side with temperature of 58 degrees. We the a detailed look at our upcoming weekend holiday forecas
And that will tend to be supportive of the economy. So that has an automatic stabilizertype effect. It offsets adverse shocks. Reporter as it turns out, the fed expects the Unemployment Rate to fall below 6. 5 until 2015, exactly when the fed said a few months ago it expected to begin raising Interest Rates. So this isnt much of a change in policy. Bernanke also said the central bank will continue buying bonds, 85 billion a month, to help bring down Interest Rates and boost growth. And the fed plans to keep doing that until the labor market shows a solid pickup or there are other signs of trouble. If future evidence suggests that the programs effectiveness has declined, or if potential unintended side effects or risks become apparent as the Balance Sheet grows, we will modify the program as appropriate. Reporter the fed will also look at broader measures of the labor market including the hours people are working and payroll growth. But the Unemployment Rate target still raises some con
Supportive of the economy. So that has an automatic stabilizertype effect. It offsets adverse shocks. Reporter as it turns out, the fed expects the Unemployment Rate to fall below 6. 5 until 2015, exactly when the fed said a few months ago it expected to begin raising Interest Rates. So this isnt much of a change in policy. Bernanke also said the central bank will continue buying bonds, 85 billion a month, to help bring down Interest Rates and boost growth. And the fed plans to keep doing that until the labor market shows a solid pickup or there are other signs of trouble. If future evidence suggests that the programs effectiveness has declined, or if potential unintended side effects or risks become apparent as the Balance Sheet grows, we will modify the program as appropriate. Reporter the fed will also look at broader measures of the labor market including the hours people are working and payroll growth. But the Unemployment Rate target still raises some concerns. The Unemployment R
Susie good evening, everyone. Im susie gharib. A surprising pledge from the Federal Reserve today. It will keep Interest Rates super low until unemployment drops to 6. 5 . Tom good evening,. Im tom hudson. The central bank also will continue buying billions of dollars of government bonds in its effort to keep Interest Rates low. Pimco c. E. O. Mohamed elerian will join us. Susie and the Legal Marijuana business two states okaying it for Recreational Use. We talk with one company profiting from medical marijuana products. Tom that and more tonight on n. B. R. Susie an historic move today by the Federal Reserve. Fed chairman ben bernanke and other policy makers said they will keep their key Interest Rate near zero until the Unemployment Rate falls below 6. 5 or inflation rises to 2. 5 . Now, this is the first time the fed has set a clear economic target for how long Interest Rates will stay at record lows. The surprise decision means the central bank will continue stimuting the economy b
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