· *The Federal Reserve announced Wednesday that at a two-day policy meeting, it decided to keep its key interest rate unchanged. *
· *Traders had widely expected this decision, and anticipate the.. Business Insider
· *"Cash is cool again," according to the $2.78 trillion asset manager State Street Global Advisors. *
· *As the Fed raises interest rates, cash and other short-duration instruments are starting to.. Business Insider
The Federal Reserve raised interest rates by 0.25 percent and hinted at an accelerated timeline for rate hikes this year, given that U.S. economic activity "has been rising at a solid rate." Cheddar's..
Federal Reserve officials signaled Wednesday they could pick up the pace of interest-rate increases this year and next to keep a rapidly expanding economy on an even keel. Wall Street Journal Also reported by •Harrison Daily
Here's the latest for Wednesday, July 13th: President Donald Trump declares there is "no longer a nuclear threat from North Korea"; Trump backs a House GOP immigration bill; Michael Cohen seeks new.. USATODAY.com
· *Netflix hit a record high on Wednesday **after Goldman Sachs analyst Heath Terry raised his price target. *
· *Terry thinks Netflix will soon turn cash flow positive. *
· *Watch.. Business Insider
· *The Federal Reserve raised its key rate by 25 basis points and signaled two more rate hikes this year.*
· *Treasury yields rose following the rate announcement.*
· *Follow Treasury yields in.. Business Insider
The Federal Reserve is widely expected to announce in a statement at 2 p.m. ET that it decided to raise interest rates.
After a two-day meeting, the Federal Open Market Committee (FOMC) likely.. Business Insider