Econ #s - Spark Newswire

3 minute read

Why The Fed’s Language On Interest Rates Is Moving Markets Wednesday: ‘We Will Stay The Course Until The Job Is Done’

Today, 6:19 PM

The SPDR S&P 500 (NYSE: SPY) is volatile Wednesday afternoon after the Federal Reserve raised its benchmark rate by 0.75% for the fourth&

SPY

2 minute read

Federal Reserve Issues Fourth Straight 0.75% Interest Rate Hike: Here’s What The Fed Says Comes Next In Inflation Fight

By Wayne Duggan

Today, 6:19 PM

The Federal Reserve raised its target fed funds rate by 0.75% on Wednesday to a new range of between 3.75% and 4%, its fourth 0.75% rate hike in five months.

SPY

2 minute read

Find Out Why Roger Ferguson, Former Fed Vice Chairman, Thinks The Market Disconnect Is ‘A Bit Of A Head Scratcher’

By Robert Kuczmarski

Today, 6:19 PM

Roger Ferguson, former vice chairman of the Federal Reserve and a director on the board of Alphabet (NASDAQ: GOOGL) since June 2016, joined CNBC’s ‘Squawk Box’ earlier Monday to discuss the Fed’s

AAPL

2 minute read

Are Less People Living Paycheck To Paycheck? BofA Thinks So, Here’s Why

By Robert Kuczmarski

Today, 6:19 PM

Due to stimulus payments and a period of decreased spending during the height of the 2020 pandemic, Bank of America Corp (NYSE: BAC) revealed that only 12% of its customers have account inflows 85% or less of their outflows.

BAC