Stay updated with breaking news from Movement pricing. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Emphasis that may send a message to the markets. The committee repeats is proceeding carefully right now, watching the data to make decisions, but he does adopt some of the argument that those with the committee have suggested a pause in november have made recently saying a longterm bond yields are a significant factor in significantly tightening financial conditions. Those financial conditions are helping to slow the economy. They will keep an ion whether the real rates continue to slow growth before they make a decision. He does note that growth has been stronger and the committee is aware of the fact that it has been stronger than anybody had expected, and he said that is historically unusual, but many indicators according to the chairman suggesting the labor market is beginning to gradually cool, wage growth is gradually declining to sustainable levels, and he does suggest that there are some factors out there that would cause the fed to look again at policy including geopolitical ....
Bank of america hiking its yearend s p target to 4,600 it had been 4,300. Also ahead, sources are telling cnbc that apple and goldmansachs have been planning the launch of a stocktrading feature for the iphone project was shelved last year after the markets did turn south. Could have worked on it mitsubishi you worked on it yourself no, im just going to make up a series of things because thats exactly whats called for. Well get to it with kate rooney in a minute lets begin with the markets ahead of the fed decision later on today are you encouraged at all by some of the action this morning . Look, i think that if you dont have a if you dont have a rate hike, and he talks tough, everyones okay so, if he talks anything less than tough, then we go back to that scenario where theres that holy 13 you get when theyre done i think theres a perspective that longer, higher, whatever, take off the higher, maybe a little bit longer, but theres a sense that the dont worry, be happy s p target piec ....