The e. U. We have adam shapiro from the floor of the New York Stock Exchange. Reporter it was an ugly day. If you look the speed with which this happened. We were down tripping digits on the dow for most of the day it was just after 2 00 we picked up the momentum. They are blaming the Federal Reserve Bank President out of boston. Hes a dove. He never talks about Interest Rate increases. The meeting coming up in two weeks. Let me give you the quote that had everyone on edge. If we want to insure we remain at full employment a gradual tightening is likely to be appropriate. He said a reasonable case can be made for tightening Interest Rates. That was the first thing that upset investors. We saw them pull out of stocks, treasuries and commodities. Toil closed down today. The chances of a Federal Reserve Interest Rate increase, if you look at what happened between thursday and today, the federal funds rate are look at a 24 chance. Thursday yesterday that chance is only 18 . The chance of a
Reef founder Farmbrough forms factual prodco Somersault Studio, reveals BBC commission | News c21media.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from c21media.net Daily Mail and Mail on Sunday newspapers.
Former Reef Television CEO, Richard Farmbrough, has partnered with Executive Producer Owen Rodd to create Somersault Studio, a new indie production company wi