Accommodation will sustain the strong labor market while fostering a return of inflation to 2 consistent with the maximum employment and price stability objectives assigned to us by law. The decision i will review recent Economic Development in the outlook. Following a slowdown in the first quarter, Economic Growth steps into a solid 3. 25 pace in the second and third quarters of the year. Household spending has been expanding at a moderate rate. Business investments have picked up. Favorable Economic Conditions abroad supported exports. Overall, we can continue to expect the economy will expand. T a moderate pace while changes in tax policy will likely provide some lift to Economic Activity in coming years, the magnitude and timing ofthe macroeconomic effects any tax package remain uncertain. Smoothing through hurricane related fluctuations, job gains averaged 170,000 per month over the three months ending in november. Well above estimates at the pace necessary to absorb new entrants
Ms. Yellen good afternoon. Today the committee decided to raise the target range for the federal funds raised by point 25 of one percentage point bringing it to 1. 252 1. 5 . Our decision reflects our assessment that a gradual removal of Monetary Policy accommodation will sustain the strong labor market while fostering a return of inflation to 2 consistent with the maximum employment and price stability objectives assigned to us by law. The decision i will review recent Economic Development in the outlook. Following a slowdown in the first quarter, Economic Growth steps into a solid 3. 25 pace in the second and third quarters of the year. Household spending has been expanding at a moderate rate. Business investments have picked up. Favorable Economic Conditions abroad supported exports. Overall, we can continue to expect the economy will expand. T a moderate pace while changes in tax policy will likely provide some lift to Economic Activity in coming years, the magnitude and timing oft
Here it is now. Its hour. Openday, the federal Market Committee decided to raise the target range for the federal funds rate by 0. 25 , bringing it to 0. 25 to 0. 5 . Our decision reflects our assessment that the gradual removal of Monetary Policy accommodation will sustain a strong labor market while fostering a return of inflation to 2 , consistent with the maximum employment and price stability objectives assigned to us by law. Following a slowdown in the first quarter, Economic Growth stepped up to a solid 3. 25 pace in the second and third quarters of the year. Household spending has been expanding at a moderate rate. Business investment has picked up, and Favorable Economic Conditions abroad have supported exports. Overall, we continue to expect that the economy will expand at a moderate pace while changes in tax policy will likely provide some lift to Economic Activity in coming years. Smoothing through hurricanerelated fluctuations, job gains averaged 170,000 per month over the
Fostering a return of inflation to 2 consistent with the maximum employment and price stability objectives assigned to us by law. The decision i will review recent Economic Development in the outlook. Following a slowdown in the first quarter, Economic Growth steps into a solid 3. 25 pace in the second and third quarters of the year. Household spending has been expanding at a moderate rate. Business investments have picked up. Favorable Economic Conditions abroad supported exports. Overall, we can continue to expect the economy will expand. T a moderate pace while changes in tax policy will likely provide some lift to Economic Activity in coming years, the magnitude and timing ofthe macroeconomic effects any tax package remain uncertain. Smoothing through hurricane related fluctuations, job gains averaged 170,000 per month over the three months ending in november. Well above estimates at the pace necessary to absorb new entrants to the labor force. To implement rate has declined furthe
[ music ]. Well sample the fastfinger work of Young Palestinian musicians as they escape life in gaza. We begin with the turmoil in iraq, and what government sources are calling the zero hour to retake areas under control by Islamic State of iraq and levant. The Army Launched a major ground and air offensive aimed at retaking tikrit. It has been bombing the city for day and is spending columns of tank and soldiers to the city. Government soldiers are basing themselves in northern samarra after securing the highway to baghdad. There has been heavy airstrikes in mosul for the first time. Now for the latest from imran khan. Lets begin with the air strikes on mosul, what is the ricky army iraqi armys strategy there. The iraqi army is pipping down the Islamic State of iraq and levant fight exercise sunni rebels based in mosul. The iraqis has a light aircraft equipped with hellfire missiles. The iraqis are running out of hell fires, and relies on the u. S. To give them the missiles. The u. S