There. Thanks very much. Thank you. Federal reserve chair janet yellen talks about monetary policy. Thats next. And paul bremer and jay carney. Later, a Senate Hearing looks at stock practices and insider training. House republicans will meet tomorrow to elect a replacement for eric cantor. Congressman Kevin Mccarthy of california and labrador of idaho will chair. Next, the head of the Federal Reserve is asked about the status of the Federal Reserve program. Janet yellen spoke to reporters. Good afternoon. The committee concluded its june meeting earlier today. As was indicated in our policy statement, we will make maintained its Forward Guidance regarding the rate target, and remains appropriate. Todays policy actions reflect the committees assessment that the country is continuing to make progress toward maximum employment and price stability. The Unemployment Rate is fourtenths lower than at the time of our march 6th meeting. And those working parttime but preferring fulltime work h
On cspan3, acting assistant administrator testifies live at 9 30 eastern. Later, the faith and Freedom Coalitions road to majority conference with remarks from republican senators along with former florida congressman allen west. That gets underway live at 12 30 eastern here on cspan3. With live coverage of the u. S. House on cspan and the senate on cspan 2. Here on cspan3, we compliment that with Public Affairs events. And then on weekends, American History tv including six unique seeshz. The civil wars 150th anniversary. American artifacts, historic museums and sites to discover what artifacts reveal about americas past. History bookshelf with the bestknown American History writers. Lectures in history with top College Professors delving into americas past. And our new series, real america, featuring educational films from the 1930s to the 70s. Cspan3. Watch us in hd, like us on facebook and follow us on twitter. Senate finance Committee Chair ron widen of oregon discusses some of th
Market conditions and inflation moving back toward the longer run objective, the committee will and its Current Program of asset purchases at its next meeting. They are not at a preset course. Based it goes on to say on the assessment of the factors, it is likely it will be appropriate to maintain the current target range for the federal funds rate for a considerable time after the asset purchase rogue ram ends. The line remains in there as well. A lot of speculation as to whether or not the fed will remove the guidance. The committee currently anticipates even after inflation , Economic Conditions may warrant keeping a rate for low levels viewed as normal in the long run. The economy,o there is new language and new concerns about inflation. But first of all, since the committee met in july, the economic information received is atts Economic Activity a moderate pace, on balance. The Unemployment Rate is little indicatorsa range of that suggest there remains significant underutilization
Wednesday. Pmi 50. 5 a twoyear high. Markets are mostly flat. Road map begins with the highest inflow ever for equities. Investors pouring 40 billion into stock funds in july. As we said, three key fed speech this week that could shake the markets. A big win for apple in its battle with samsung. The Obama Administration vetoing a ban on apple products. Share of samsung are falling in asia. Tv blackout, battle between Time Warner Cable and cbs show nothing signs of letting up. The Terror Threat overseas. Many u. S. Embassies stay closed now until august 10th. A live report from nbcs Pete Williams. First up, if you didnt see it, u. S. Equity funds saw a record inflow in july. According to trim tabs funds saw 40. 3 billion coming in last month while bond funds saw the fourth highest outflow on record. David seeburg at cowan. Good monday morning to you. Good morning. David, is this the beginning of something new . It seems to be. I mean, 40 billion in july, amazing. Still a ton of cash on
CC Neuberger Principal Holdings II (NYSE:PRPB – Get Free Report) shares were up 3.6% during trading on Monday . The stock traded as high as $3.74 and last traded at $3.72. Approximately 627,701 shares were traded during trading, an increase of 29% from the average daily volume of 487,352 shares. The stock had previously closed […]