Policymakers say soft Global Growth and Financial Market volatility pose risks to their economic outlook. Recent Economic Data shows some firming. This morning we learned core Consumer Prices which exclude food and energy rose. 3 last month, that was more than expected and the notion that the fed will delay some rate increases sent stocks higher and bond yields higher. The Dow Jones Industrial average gained 74 points to 17,325. The nasdaq added 35 and the s p 500 rose 11 to its highest level this year. Steve liesman reports on why the fed seems uncertain about the economic recovery. Reporter a dovish Federal Reserve kept Interest Rates unchanged in its march meeting and suggested it would be very cautious about future rate hikes. In fact, it slashed the number of hikes it forecast this year with the average number of rates, the committee now seeing just two rate hikes this year down from four. The fed gave a fairly upbeat assessment of the u. S. Economy and jobs but was clearly concer
Policymakers say soft Global Growth and Financial Market volatility pose risks to their economic outlook. Recent Economic Data shows some firming. This morning we learned core Consumer Prices which exclude food and energy rose. 3 last month, that was more than expected and the notion that the fed will delay some rate increases sent stocks higher and bond yields higher. The Dow Jones Industrial average gained 74 points to 17,325. The nasdaq added 35 and the s p 500 rose 11 to its highest level this year. Steve liesman reports on why the fed seems uncertain about the economic recovery. Reporter a dovish Federal Reserve kept Interest Rates unchanged in its march meeting and suggested it would be very cautious about future rate hikes. In fact, it slashed the number of hikes it forecast this year with the average number of rates, the committee now seeing just two rate hikes this year down from four. The fed gave a fairly upbeat assessment of the u. S. Economy and jobs but was clearly concer
Policymakers say soft Global Growth and Financial Market volatility pose risks to their economic outlook. Recent Economic Data shows some firming. This morning we learned core Consumer Prices which exclude food and energy rose. 3 last month, that was more than expected and the notion that the fed will delay some rate increases sent stocks higher and bond yields higher. The Dow Jones Industrial average gained 74 points to 17,325. The nasdaq added 35 and the s p 500 rose 11 to its highest level this year. Steve liesman reports on why the fed seems uncertain about the economic recovery. Reporter a dovish Federal Reserve kept Interest Rates unchanged in its march meeting and suggested it would be very cautious about future rate hikes. In fact, it slashed the number of hikes it forecast this year with the average number of rates, the committee now seeing just two rate hikes this year down from four. The fed gave a fairly upbeat assessment of the u. S. Economy and jobs but was clearly concer
Moving through the 50s. The city at 58. Norwood 53. Bedford at 54. Even into Worcester Hill temps in the 50s with couple of clouds zipping through the southern new england sky. Not tied to weather system. High pressure with us. Nice day. Mostly sunny skies. That morning chill fading away. Fantastic fall day temp between 66 and 72. Boston this afternoon at 71. Along the south shore upper 60s to around 70. Upper 60s to around 70. This right here this is cool front a and this will move through overnight tonight. That will set stage for cooler afternoon. Well talk more about that in 15 minutes. 16yearold heads to trial this was shocking brutal crime. It rocked the entire community. Now the family of the victim calling ritzer hopes to get some justice here. The courthouse in warren. This murder really shook the entire community and today the murder trial against 1yearold philip chism begins. It starts with jury selection. They will likely focus on finding juror who may be sympathetic to phi
Well, thank you very much indeed. Now, normally when i give a talk of any description, and ive given quite a number in the last week while ive been in america, i usually have a little repertory of anecdotes with which i commence, and i had one prepared this evening. But strangely enough, something happened to me on the way here which meant that i decided to scrap it and talk about Something Else entirely. I took the subway to congress circle, and i walked up Central Park West towards the historical society, and as i was walking up the street, out of the corner of my eye i saw a bronze plaque on the wall, on the wall of a rather august looking building. It wasnt the Second Church of christ scientists, its the spanishportuguese synagogue. And i read the plaque, and ive never seen that before. I normally try to keep my eyes open for historical things when im in new york, but i hadnt actually seen this. I was quite struck by this because, of course im quite familiar with the history of thi