Tag Archives: Federal funds rate

Bank Earnings Strong, But Cautious for Future

Third quarter earnings season kicked off on Friday when JP Morgan, Citi, and Wells Fargo released their earnings reports. Earnings reports for all banks showed strong numbers but failed to boost stock prices in the market. The disconnect between stable … Continue reading

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Fed Leaves Rates Unchanged in November, December Hike on the Table

As expected by the entire market, the Federal Reserve chose to leave interest rates unchanged on Wednesday ahead of the upcoming presidential election next Tuesday. The benchmark federal funds rate still sits at a target range of 0.25%-0.5% after the … Continue reading

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Fed Leaves Rates Unchanged Despite Positive Economic Outlook

In her press release this past Wednesday, Janet Yellen announced that the FOMC has decided to leave rates unchanged this month. This leaves the target Federal Funds Rate lingering at 0.25%-0.50%. While one could assume that this decision came to … Continue reading

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