Nasdaq up by 33. However the new york fed, bullard as you mentioned and others are pushing back on this idea that a bigger cut will be coming the new york fed itself putting out headlines saying that speech was not about potential policy actions at the upcoming fomc meeting, this was based on Academic Research done by John Williams i dont ever recall hearing the fed walking back what somebody was out there saying a lot of fed president s have spoken to us over the last 10, 12 years at this point pushing become a bit on that. Lets look at what happened overnight in asia. You will see the nikkei was up by 2 . Big swing back for it. Hang seng was up by 1 the shanghai up by 0. 8 . Again, the nikkei reversing course after the weakness we had seen the day before. European equities this morning, you will be seeing green arrows there. The dax is up by 0. 3 . The cac and ftse up by 0. 2 . Italy and spain weaker italy down by 0. 9 look at the treasury market. Right now on this friday were headin
On employment rate remains low at 3. 7 percent. As of june according to the bureau of labor statistics. We just had continued rising as well. With average Hourly Earnings 3. 1 higher in june compared to a year earlier. It is the 11th straight month in which wage growth exceeded 3 . In fact the u. S. Is officially in its longest suspension of Economic Growth since 1854. In order to continue this positive economic trajectory they must continually evaluate their regulatory and super very activity. To ensure broad access to a wide variety of Financial Products and services. With respect to regulation and supervision it has been over a year since the enactment of s2155. The Economic Growth wreck regulatory relief. As you move forward in finalizing certain rules required under s2155 and consider proposing new ones consider you to consider the following. Simplify capital rules for smaller Financial Institutions. While ensuring the maintain significant capital. Simplifying the vocal rule which
Senate committee on banking, housing and urban affairs will come to order. Today is a hybrid format. Our witnesses are in this person but members have the option to appear in person or virtually to consider the nominations of dr. Lael brainard to be vice chair of the board of governors of the Federal Reserve system. And acting director Sandra Thompson to be director of the federal Housing Finance agency. Its amazing what a difference a year makes. We have today safe and effective vaccines that are saving lives, that are getting people back to work. 207 million americans have fully vaccinated. In 2021 we added 6. 4 million new jobs, more in any year since 1939. Workers are demanding raises. Theyre finally getting them. Theyre changing jobs at record rates because people finally have some options. The past year has illustrated our economy works best when it works for everyone, not just wall street, not just the top 1 . Everyone. Whether you punch a clock or raise children or care for an
Senate committee on banking, housing and urban affairs will come to order. Today is a hybrid format. Our witnesses are in this person but members have the option to appear in person or virtually to consider the nominations of dr. Lael brainard to be vice chair of the board of governors of the Federal Reserve system. And acting director Sandra Thompson to be director of the federal Housing Finance agency. Its amazing what a difference a year makes. We have today safe and effective vaccines that are saving lives, that are getting people back to work. 207 million americans have fully vaccinated. In 2021 we added 6. 4 million new jobs, more in any year since 1939. Workers are demanding raises. Theyre finally getting them. Theyre changing jobs at record rates because people finally have some options. The past year has illustrated our economy works best when it works for everyone, not just wall street, not just the top 1 . Everyone. Whether you punch a clock or raise children or care for an
Senate committee on banking, housing and urban affairs will come to order. Well consider dr. Lael brainard to be vice chair of the board of governors. And acting director Sandra Thompson to be director of the federal Housing Finance agency. It is amazing what a difference a year makes. We have today safe and effective vaccines that are saving lives that are getting people back to work. 207 million american americans are back fully vaccinated. Our economy has weathered the storm and rebounded in 2021 we added a record 6. 4 million new jobs, more than any year since 1939. It isnt just the jobs numbers. It is the quality of those jobs. Workers demanding raises are finally getting them. They are changing jobs at record rates because people finally have some options. The past year has illustrated our economy works best when it works for everyone. Not just wallace. Not just the top 1 . Everyone. Whether you punch a clock or swipe a badge, whether you earn a salary or make tips. Whether you r