Derivatives at a time when regulators are trying to rein in the insurance that fuel prices. Back to one of the top stories of the day. Fed chairman janet yellen will be in the spotlight again. For more on what to watch this morning, we are joined by economist josh bright, who works on the fed analyzing Monetary Policy. My guest host for this hour, bruce ratner. And more famously, the majority owner of a Barclays Center. You got it, exactly. First off, the fed have helped in the stock market rally, helped with jobs. Will they help anymore here . They are trying to get out of the game of providing help. They are hoping to see that the recovery is sustainable, and that is the argument involving, that there are more people on the f1 see that believe it is time for the fed to move more rapidly. What kind of a statement will we get today . Is the focus of todays meeting, and the number one thing is people are looking for linehe fed will change its which about its commitment to not raise rate
A different story in china. Slowing growth has prompted the , at 81 billion dollars, to the bank. Another sign of stimulus. They are calling it qe with chinese characteristics. One economist called it that. Tv with chinese characteristics. It is not fullblown qe, but it is chinese style qe. I dont even know what to make of that. Bpi, 8 30, u. S. , that is our latest read on inflation. This creeping in at 1. 9 . The feds index, pce core, at 1. 5 . It is moving closer to 2 . The fed coming out at 2 00 with its latest statement. This is the twoday meeting that happens today. And we get janet yellen at 2 30. It is the language we are looking for. Significant underutilization, considerable time. Earnings today, general mills, r, and fedex, which reports at 7 30. President obama is traveling to tampa to meet with the u. S. Central command, and janet yellen if you are a markets guy or gal, that is what you are focused on. On the heels of that, lets show you what is going on in the markets now