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KQED Nightly Business Report March 31, 2016

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 himse ....

United States , New York , Janet Yellen , Dominic Chu , Cesar Chavez , Sharon Epperson , Kimberly Collins , Dan Mendelson , April Anderson , Bluecross Blueshield , Kate Rogers , Los Angeles , Julia Boorstin , Marleau Anderson , Charles Evans , Central Bank , Bank Rush , Stock Market , Chicago Fed , Rate Hike , Risk Factors , Global Risk , Labor Market , Job Market , Companies United States , Earnings Companies ,

KQED Nightly Business Report March 31, 2016

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 himse ....

United States , New York , Janet Yellen , Dominic Chu , Cesar Chavez , Sharon Epperson , Kimberly Collins , Dan Mendelson , April Anderson , Bluecross Blueshield , Kate Rogers , Los Angeles , Julia Boorstin , Marleau Anderson , Charles Evans , Central Bank , Bank Rush , Stock Market , Chicago Fed , Rate Hike , Risk Factors , Global Risk , Labor Market , Job Market , Companies United States , Earnings Companies ,

KQEH Nightly Business Report March 31, 2016

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 eviden ....

United States , New York , Janet Yellen , Dominic Chu , Cesar Chavez , Sharon Epperson , Kimberly Collins , Dan Mendelson , April Anderson , Bluecross Blueshield , Kate Rogers , Los Angeles , Julia Boorstin , Marleau Anderson , Charles Evans , Stock Market , Chicago Fed , Rate Hike , Risk Factors , Global Risk , Labor Market , Job Market , Companies United States , Earnings Companies , Thompson Reuters , Bottom Line ,