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
We do want to hear your views on whether donald trump is a conservative. Lets take a look. Argue all republicans . Are you mostly conservative . I dont care. Senseust a common conservative. That is so important. Walkery told me that used my term. I said make America Great again. I copyrighted the term. Then walker was making a speech when he first started at he was saying make America Great again. The difference is he didnt get any response. We told him you cant do that. Now i said a common sense conservative and i heard he used the term. Coined the phrase a few months ago. Thats what i am pretty i am very, very conservative on the military. I am very conservative on that lots of things. I am actually very conservative on trade, but a lot of people would say he is not because he doesnt believe in free trade free tradelieve in and it has to be smart for us. That is donald trump talking about his political philosophy. Do you think he is a conservative . Donald trump met yesterday with me
Without further a do, but like to introduce secretary michael chertoff, the cofounder of the chertoff group. He was the secretary of the department of Homeland Security. He took that job at a very difficult time and frankly, remade the organization and brought it up to a status where it was extremely effective. I say that as having been the department of defense counterpart to dhs during my time as deputy assistant. I have the opportunity to work extensively with the secretarys folks and quite a few rather interesting events both natural and manmade. He is also a former federal judge for the u. S. Court of appeals for the Third Circuit and was a federal prosecutor who conducted the investigation of the 9 11 terrorist attacks. With that, i will ask secretary chertoff to join us. [applause] steve. K you, good to see some familiar faces in the crowd and veterans. One of the things i did when i was secretary of Homeland Security is i was engaged in expanding the visa waiver 2007, 2008ch in