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Question. How should one thing about the slower normalization being allocated among three factors . Is the fed more worried about the outlook than the scenario i just described . Is the fed modifying its reaction function, or did Market Participants really understand the way the fed started normalization . Okay. Thats a great question. Let me try to address it. So, you started by pointing out that essentially the u. S. Economy is doing well. We are close to our maximum employment goal with a 4. 9 Unemployment Rate and the median estimates among participants of a longer run normal rate is about 8. 4 . Were close although as ive often pointed out and still continue to personally believe i think theres a little more slack in the labor market than one would surmise by looking at the Unemployment Rate alone, and he ....
Rules of our party. Reporter the Republican National committee will meet next week in florida. Several members say they dont want to consider any changes to the rule making process before the july convention to avoid it looking like the rnc is trying to sway the process. Jeff, latest cbs news battleground poll shows the that more than half of Republican Voters in new york say their partys nominating process is unfair. Juliana, thank you. Well bring in cbs news election director, anthony for republican tuesday in new york whats the key . Well the poll find new yorkers see donald trump as authentic and as electable in november. The biggest key is whether or not he can get over 50 . The size of win matters here. If he gets the bulk of the delegates in new york it would put him back on path to eventually get the nomination. That path leads out to california. Yes, where he ....
Deployed in boston to make sure tomorrows marathon security is stronger than ever. There really is an advantage to having this eye in the sky over the marathon route. A crackdown begins on dangerous street racing in southern california. Welcome to the overnight news, im jeff glor. The toll is rising after an devastating earthquake on the coast of ecuador. The president of ecuador says 246 are dead, more than 2500 are injured. Hundreds of buildings destroyed. Crews are searching for survivors. It hit saturday night, magnitude 7. 8. Strongest to jolt ecuador since 1979. More than 135 aftershocks followed. We begin with manuel bojorquez. Reporter with the day light residents saw for the first time the full extent of the damage. Pacific town rescuers dug through crumbled concrete to find lifeless bodies. The quake also claimed lives about 85 miles south in the coastal city of manta where today, shaken residents surveyed the widespread damage. This desperate worker tried dig digging with hi ....
Allow anyone to rewrite the rules of our party. Reporter the Republican National committee will meet next week in florida. Several members say they dont want to consider any changes to the rule making process before the july convention to avoid it looking like the rnc is trying to sway the process. Jeff, latest cbs news battleground poll shows the that more than half of Republican Voters in new york say their partys nominating process is unfair. Juliana, thank you. Well bring in cbs news election director, anthony for republican tuesday in new york whats the key . Well the poll find new yorkers see donald trump as authentic and as electable in november. The biggest key is whether or not he can get over 50 . The size of win matters here. If he gets the bulk of the delegates in new york it would put him back on path to eventually get the nomination. That path leads out ....