Point this year. But Stanley Fisher made it clear that the path ahead will be anything but smo and st. Louis fed president James Bullard also warned of potential volatility. But this time in the equity markets as the Federal Reserve gets ready to raise its benchmark Interest Rate. The temper tantrum in the summer of 2013 was all about markets being surprised that the fed was going to pull back on qe sooner than it thought. There was a mismatch between what markets thought and what the fed thought. And we do have some potential for that today. Steve liesman has more on vice chair fishers speech today in new york and the road ahead for rates. Reporter Federal Reserve vice chairman Stanley Fisher said the fed will likely hike Interest Rates this year but gave no clue as to what month, if he said it was june or september or some date in between or some date after, that essentially the increase will be from a fund rate to a low funds rate. Heres how he put it. When we raise the Interest Rat
Point this year. But Stanley Fisher made it clear that the path ahead will be anything but smo and st. Louis fed president James Bullard also warned of potential volatility. But this time in the equity markets as the Federal Reserve gets ready to raise its benchmark Interest Rate. The temper tantrum in the summer of 2013 was all about markets being surprised that the fed was going to pull back on qe sooner than it thought. There was a mismatch between what markets thought and what the fed thought. And we do have some potential for that today. Steve liesman has more on vice chair fishers speech today in new york and the road ahead for rates. Reporter Federal Reserve vice chairman Stanley Fisher said the fed will likely hike Interest Rates this year but gave no clue as to what month, if he said it was june or september or some date in between or some date after, that essentially the increase will be from a fund rate to a low funds rate. Heres how he put it. When we raise the Interest Rat
Point this year. But Stanley Fisher made it clear that the path ahead will be anything but smo and st. Louis fed president James Bullard also warned of potential volatility. But this time in the equity markets as the Federal Reserve gets ready to raise its benchmark Interest Rate. The temper tantrum in the summer of 2013 was all about markets being surprised that the fed was going to pull back on qe sooner than it thought. There was a mismatch between what markets thought and what the fed thought. And we do have some potential for that today. Steve liesman has more on vice chair fishers speech today in new york and the road ahead for rates. Reporter Federal Reserve vice chairman Stanley Fisher said the fed will likely hike Interest Rates this year but gave no clue as to what month, if he said it was june or september or some date in between or some date after, that essentially the increase will be from a fund rate to a low funds rate. Heres how he put it. When we raise the Interest Rat
Germanwings spoke in the last hour. His performance was without any criticism. Nothing at all was striking. The crash killed all 150 people on board. Meanwhile, police were seen outside the house in germany that is believed to be lubitzs home. He had a single engine private pilots license. They issued that license in january of 2012. It had restrictions. He had to be proficient in english and had to be accompanied by his german pilots license. Monique braxton is live at Philadelphia International airport. Monique, nationally known aviation expert from our area is weighing in on the developments. Thats right, vai. We came here just outside the International Terminal because lufthansa operates a few flights out of here every day. As you mentioned, they do own germanwings. The aviation expert arthur wolf calls it very troublesome that anyone would intentionally crash an airliner kill himself, and the passengers on board. What concerns me most is on a short flight like this, what in the wo
We helped each other forever. And we built this store that celebrated its 20th year. Patrick ferry talks about building life with his partner of nearly 30 years. Ferry is recovering from severe burns to his hands after their San Francisco home caught fire christmas night. I raced upstairs. And the flames were coming out of the room. I tried to go in. It was way too hot. And then, he lurched out. Reporter sapp did not survive his injuries. Friends are shocked. Had a lot of friends. Hes one of my best. Watched sapp and ferry build a maj cal business. With no website, the store and sapp were known around the world. He was fielding a call from france. Randy was a master of incense and oils. Very much beloved in his community. Reporter a sign on the door thanks firefighters for their heroic efforts. Explains sapps passing over. And with growing community support, it will reopen. Ferry says it will be a new beginning. The last thing he would want for me is to be curled up in a ball. Refusing