they got word from janet ellen. we are joined from the business desk with details so what did yellen have to say? >> yellen said in late may a hike would be appropriate and showed much more job growth. on monday yellen called the figures disappointing. analysts think that's unlikely fed officials will decide to raise the rate when they hold a policy meeting next week. >> new questions about the economic outlook have been raised but the recent liberal market data. >> but yellen describes the overall labor market as quite positive. she says further gradual increases in the rate are likely to be appropriate. yellen indicates the fed will keep monitoring the labor market closely. >>> now following the speech, both major industries ended up more than half a percent. many investors were relieved as it seems the fed won't be raising interest rates so soon. let's see what is happening with tokyo markets. we'll go to ramine. what are you sieeing over there? >> a lot of traders also taking yell yellen's speech and suggesting

. >> tuesday, federal reserve chair janet ellen delivers the report to congress. we will have her testimony live had to :00 a.m. eastern here on c-span. >> at you realize this is something i would not only love to do, it is something i think could be really different the kinds of books that have been written about macarthur in the past and a way to rethink and reevaluate who this person was, what his real significance was, when his virtues really were that made him the most adored and add you related figures in american history but also what were his flaws and the things that made him in many ways unpleasant and even hated by millions of people. i'm out a sunday night on c-span's q&a, a look at the life and career of general douglas macarthur. is one of thet things about macarthur you have to say. he saw the future more clearly often then he saw the rise and. whether it was america's role in the, the rise of china, split between china and the soviet union which he foresaw, but also perhaps, too, the state of american domestic teletext. andss sunday on c-span skew

ellen: is a good question because the fed in general does not react well to late breaking news. what we expect out of the statement or the tone of the statement, we can use janet speech as ae 6 guide which he acknowledged financial divisions have east and you compare them to the prior meetings this year. in economicbound growth that is underway driven by the consumer, but there are lingering worries like international developments and slower job growth. i don't think that in the statement we get something that makes it sound like financial conditions have really ratcheted higher because that has only been in the last few days of markets have opened up and said runs it is a real possibility -- brexit is a real possibility. on theves it more worried side and the q&a, slipping up more latebreaking news there. the fed likes to wait and see how these eventually seep through to the economy and outlook. michael: we are seeing global financial stress go up. a lot of that is brexit. in the u.s., the stress index has come down a little bit. people are saying because we don't think the fed