Growth as solid and said that the labor market continues to strengthen but the fed pointed out that wage growth has remained moderate and that inflation has been below the feds 2 goal this year. In the report, the fed said that it remains firmly committed to its inflation objective. Here at home, the fed is still forecasting more moderate growth during the Second Quarter and that the slowdown in business fixed indepth could be persistent internationally, the fed said that growth has stabilized during the first half of the year, albeit at a restrained pace it also said that International Financial conditions were supported by accommodative communications by major Central Banks. Now, as you said, this all comes from the feds semiannual report to congress fed chair jay powell will be testifying on the hill next week there was a special section in this report on trade the fed found that tariffs lowered u. S. Imports by about 70 billion. It also said that higher tariffs are having a materia
Plus moving in the free market. And the Prime Minister of india meeting with President Trump today as major ceos make their way to the capital we kick off the final trading week the first half of the year after a week where the dow and s p did hit the highs. The fifth straight week of losses for the First Time Since august of 2015 well talk more about it later on but it puts into perspective how spoiled we have been for the First Six Months of 17. Stocks up about 10 year to date total return you had bonds up as well so you didnt have to give up anything on the bond side. Theres been so little down side volatility along the way so all of those things together has been this unusually quite rally and look at what happens there theres a risk that this numbing effect is taking place i dont know if you really see that, though if you look at the data, quite rallies in the first half dont fall apart all at once and in fact you have better than average second half upside and a little bit less d
Million by 2026. Thats compared with the number under the current law. The scoring also found that premiums would rise substantially before they fell. And that the legislation would decrease the budget deficit by more than 300 billion, principally via federal medicaid cuts. These numbers will be analyzed and then some by senators ahead of a potential vote on the legislation later this week. Health care stocks were mixed on wall street today as were the major averages as you see there. The Dow Jones Industrial average added 14 to 21,409. Nasdaq off 18 and the s p 500 rose fractionally. And health care, of course, isnt the only thing investors will be watching this week. Bob pisani looks ahead. Reporter it will be a busy week for the markets on Economic News, earnings and fed officials. Fed chair janet yellen speaks tomorrow on london on Global Economic issues. Its been rough for Economic News recently. The news in the Second Quarter has not been much more positive than the first quarter
Know you need more ways to show your disapproval on social media today, wednesday, september 16th, 2015. Announcer from nbc news, this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. And good morning. Welcome to today on a wednesday morning. Probably the last guy to ask about facebook, but apparently this is a new way to show a wider range of emotions. Yeah, why is there only the like button when people post something thats kind of sad or poignant it feels awkward to press like so maybe there should be an alternative, a dislike button. Socalled. Exactly im longing for the old days of sideways smiley face and frown face but well get into that a little bit. Our top story, politics. The second republican president ial debate hours away. The site this time, the reagan president ial library in california and the man to beat remains donald trump. Were going to talk to the head of the Republican Party in just a moment, but first nbcs National Correspond
Maryland. His parents cant imagine life without him. Reporter this is chris gordon in boyds, maryland, standing along the tracks where 16yearold John Martin Dereggi jr. Yesterday was hit and killed by an amtrak train heading north en route to chicago. When i heard the news yesterday i couldnt sleep all night last night. I had to come down and just look at the scene and show my respects. Reporter all new at 5 00, why john dereggi jr. And his two female companions were walking along these tracks yesterday afternoon. Ill have that far of the story coming up. Back to you. All right, thanks, chris. Were now 12 hours into a Homicide Investigation and it is all centering around a metro bus stop in Prince Georges County. This is where the body was found in the grass early this morning on 85th avenue in New Carrollton near an apartment complex. Parents who live nearby say theyre worried and nervous as they sent their kids to school. Investigators tell us they dont think this was a random shooti