• Markets won't like this Fed statement, says Greg McBride

    3 monthes ago - By Reuters

    Bankrate.com's senior financial analyst discusses the implications of the Fed rate hike with Reuters' Fred Katayama. He says it'll negatively affect utilities and real estate stocks but boost small bank stocks.
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  • FOMC Statement: 25bps Rate Hike

    3 monthes ago - By Calculated Risk

    FOMC Statement:
    Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Recent data suggest that growth of household spending has picked up, while business fixed investment has continued to grow strongly. On a 12-month basis, both overall inflation and inflation for items other than food and energy have moved close to 2 percent. Indicators of longer-term...
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