Manufacturing according to the institute for supply management rising , contracting by the most since july 2000 nine because we did see an unexpected contraction in that manufacturing number. Despite that we are seeing a rally. Hits in the session took a but Still Holding up relatively well. Everything that we here between now and the next fed meeting effects what it will do beyond that meeting. I know this is one of alixs miprs. This looks at the forward rate curve and Interest Rate swaps in that market. We are seeing a gentle curve although it is a slightly more aggressive than it was historically. With every piece of Economic Data that is a little more negative, we are going to likely see the expectations for the pace of Interest Rate increases to get a little more benign and indeed that is what the fed has told investors as well. Alix also what is interesting in terms of what is leading stocks is the momentum, not those related to the fed but the stocks elected poor a lot of money
Means six months or that type of thing. From yellens lips, new Federal Reserve chief janet yellen in her press conference puts a chill into stocks when she indirectly spells out when Interest Rates may start to rise. The market was surprised. Should it have been . What investors need to know now. All that and more tonight on a special edition of nightly Business Report from the nations capitol for wednesday, march 19th. Good evening, everyone. Susie gharib has the night off. Im Tyler Mathisen in washington where there was calm and confusion at Janet Yellens first policy meeting as chair of the Federal Reserve. She dropped an explicit Unemployment Rate target for rising raising that is the federal funds rate. That was the calm it was widely expected. What wasnt expected and caused some confusion was some musing or was the more than that about specifically when the fed might start raising Interest Rates. Her interest made many think that that day may be sooner rather than later. Stocks q
Means six months or that type of thing. From yellens lips, new Federal Reserve chief janet yellen in her press conference puts a chill into stocks when she indirectly spells out when Interest Rates may start to rise. The market was surprised. Should it have been . What investors need to know now. All that and more tonight on a special edition of nightly Business Report from the nations capitol for wednesday, march 19th. Good evening, everyone. Susie gharib has the night off. Im Tyler Mathisen in washington where there was calm and confusion at Janet Yellens first policy meeting as chair of the Federal Reserve. She dropped an explicit Unemployment Rate target for rising raising that is the federal funds rate. That was the calm it was widely expected. What wasnt expected and caused some confusion was some musing or was the more than that about specifically when the fed might start raising Interest Rates. Her interest made many think that that day may be sooner rather than later. Stocks q
Means six months or that type of thing. From yellens lips, new Federal Reserve chief janet yellen in her press conference puts a chill into stocks when she indirectly spells out when Interest Rates may start to rise. The market was surprised. Should it have been . What investors need to know now. All that and more tonight on a special edition of nightly Business Report from the nations capitol for wednesday, march 19th. Good evening, everyone. Susie gharib has the night off. Im Tyler Mathisen in washington where there was calm and confusion at Janet Yellens first policy meeting as chair of the Federal Reserve. She dropped an explicit Unemployment Rate target for rising raising that is the federal funds rate. That was the calm it was widely expected. What wasnt expected and caused some confusion was some musing or was the more than that about specifically when the fed might start raising Interest Rates. Her interest made many think that that day may be sooner rather than later. Stocks q
One project nears completion, and another has yet to get out of the starting gate. When it comes to water-project development, the time frame is measured in decades, not years.