the federal funds rate target should be anticipated so long as the unemployment rate remained above 6.5%, inflation between one and two years ahead was projected to be no more than half a percentage point above the committee s longer-run goal and expectations continued to be well anchored. my colleagues and i have certain sized that the statements in that guy dance were thresholds, not triggers. crossing one of the thresholds would not automatically give rise to an increase in the federal funds rate target. instead, it was signaled only that it would be appropriate for the committee to begin considering based on a wider range of indicators whether and when an increase in the target might be warranted. large scale asset purchases also provide monetary accommodation by lowering long-term interest rates. working through the portfolio balance channel, asset purchases reduced the supply of loan duration assets in the hands of the public, thus reducing longer term yields. at times
producers making sure form videos with the discovery channel. you ll hear from ron howard. he looks exactly the same. welcome to market makers. extraordinary the show from yesterday, but we are going to give it a shot. breaking economic news. i assume nonmanufacturing ism nonmanufacturing. michael mckee has the headlines. havetter news than we expected. manufacturing getting a little better. we want to keep an i on whether we re seeing the new orders come in. i m checking through the numbers at the moment. 53.1 versus 51.6. a big jump from february. the employment index is what everybody is keeping an eye on as well as new orders. a big rebound there. that may figure into people s estimations of what we get tomorrow for the payroll report. 47 is contraction in hiring. nobody thought that would continue. it was weather-related. his address we will see better-than-expected news perhaps tomorrow in the implement report on the service employment report on the serv
in washington is with the political fallout of the supreme court s decision on campaign contributions. jeff, who is this expert? he is a former clinton administration member. , he is the kind of guy you bring in when you have a crisis. his twitter feed says that he feels best in a war room. they are kind of in a war room situation and they are putting together an interesting team. him, steinberg, lucas. people who are respected by others. trying to get at this crisis, what is this telling the folks on capitol hill that this 18 is assembled. a-teamhat they have this assembled? the kingeinberg said solomon of these things. you don t want to push people away. let s talk about mary ibarra s appearance on capitol hill. kind of a mixed bag. we received word today that they are there will probably be another round of hearings because the people on capitol hill say i m a minute, why not let gm finish their internal probe and then we can bring her back and ask for more questio
can own artifacts from the most famous events in this world. let s get headlines from a radio cohost from carol massar. without thed we do daily top 10 list? we will find out. david letterman will retire from cbs in 2015. it will be the longest ever run for late-night talkshow host. announcing his retirement according to a twitter post from cbs news. ceo brandonng its ike has resigned. criticized for donating to an anti-gay marriage group. stocks slipm saw today, agreed to pay more than $5 billion to settle a u.s. claim. the settlement relates to cleaning up 85 years worth of pollution left behind by its err-mcgee unit.krtt- those are some of the headlines this hour. the future offor television heating up yesterday. amazon introduces a new video streaming device called fire tv. director, andor, producer ron howard announces he is teaming up with discovery communications. a new studio that focuses on videos for just online users. but you have to approach it in a new way. you
famous events in this world. let s get headlines from a radio cohost from carol massar. what would we do without the daily top 10 list? we will find out. david letterman will retire from cbs in 2015. it will be the longest ever run for late-night talkshow host. announcing his retirement according to a twitter post from cbs news. mozilla saying its ceo brandon ike has resigned. criticized for donating to an anti-gay marriage group. and petroleum saw stocks slip today, agreed to pay more than $5 billion to settle a u.s. claim. the settlement relates to cleaning up 85 years worth of pollution left behind by its unit by its kerr-mcgee unit. those are some of the headlines this hour. the battle for the future of television heating up yesterday. amazon introduces a new video streaming device called fire tv. today, the actor, director, and producer ron howard announces he is teaming up with discovery communications. a new studio that focuses on videos for just online users.