Yellen said that the central bank is in no rush to raise interest rates. And that powered a stock market rally around the globe continuing today. And resulted in the dow industrials gaining 83 points to 17716. The nasdaq added 22 and the s p 500 rose nearly 9. The president of the chicago fed agrees with the fed chair. In an interview today, Charles Evans said a rate hike in april would be surprising. I think chair yellen laid out all the right issues, you know, coming out of december going into the march fomc, risk factors increased a bit, financial volatility, things settled down a bit. I think global risk is higher. The median is for two hikes this year. If the data come in the way were expecting. If they come in stronger, everybody would adjust upwards. Evans added the potentially moving in june that decision would be made on the basis of further improvement in the labor market but emphasized he didnt want to get ahead of himself. And there was more evidence today the job market is
Yellen said that the central bank is in no rush to raise interest rates. And that powered a stock market rally around the globe continuing today. And resulted in the dow industrials gaining 83 points to 17716. The nasdaq added 22 and the s p 500 rose nearly 9. The president of the chicago fed agrees with the fed chair. In an interview today, Charles Evans said a rate hike in april would be surprising. I think chair yellen laid out all the right issues, you know, coming out of december going into the march fomc, risk factors increased a bit, financial volatility, things settled down a bit. I think global risk is higher. The median is for two hikes this year. If the data come in the way were expecting. If they come in stronger, everybody would adjust upwards. Evans added the potentially moving in june that decision would be made on the basis of further improvement in the labor market but emphasized he didnt want to get ahead of himself. And there was more evidence today the job market is
Bank is in no rush to raise interest rates. And that powered a stock market rally around the globe continuing today. And resulted in the dow industrials gaining 83 points to 17716. The nasdaq added 22 and the s p 500 rose nearly 9. The president of the chicago fed agrees with the fed chair. In an interview today, Charles Evans said a rate hike in april would be surprising. I think chair yellen laid out all the right issues, you know, coming out of december going into the march fomc, risk factors increased a bit, financial volatility, things settled down a bit. I think global risk is higher. The median is for two hikes this year. If the data come in the way were expecting. If they come in stronger, everybody would adjust upwards. Evans added the potentially moving in june that decision would be made on the basis of further improvement in the labor market but emphasized he didnt want to get ahead of himself. And there was more evidence today the job market is strengthening. Private compa
Practices that created the wealth in the first place . New Yorks Cardinal Timothy Dolan about to tell us in an exclusive cnbc interview. All those stories and much more coming up in the kudlow report, beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Its a pleasure to be back after the christmas vacation. We are live here at 7 00 p. M. Eastern and 4 00 p. M. Pacific. Obamacare coverage begins in just two days according to hoyle. Now about 2 Million People have enrolled in the plans, half from the federal and half from the states. But the question to ask is how many are actually enrolled and how many have actually paid . Only about 75,000 apparently has paid. And thats a long way from the administrations goal of 7 Million People that are enrolled and paid up. The question is will the Insurance Companies be pressured to cover everyone, paid or not, on january 1st . Nobody knows the answer to that. So lets talk. We have dan mendelson, avalier Health
Glor im jeff glor with the western e desire of broadcast. Etcetera six months since enrollment started. Important both supporters and distracters it felt more like six years but tomorrow is the deadline. If you dont have Health Insurance coverage by tomorrow the penalty could be a tax of 1 of your income or 95, whichever is higher. The healthcare website is reporting two million visits record volume this weekend. In some cases callers cant get through. That even though one study says only 39 of uninsured americans realize tomorrow is the deadline. With more, we begin with mark albert in washington. Reporter its a long sprint to the finish line. People pack health fairs in californias bay area. In miami mall, eight hours wait. And in silver spring, maryland, lines began before dawn. Weve given out about a hundred numbers and the billing doesnt open for another hour. Reporter Health Official Mary Anderson brought in extra navigators this weekend to help people like kate kodock to get in