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Stock Market News Today: Fed Signals Higher-for-Longer Rates - Vimarsana News

Stock Market News Today: Fed Signals Higher-for-Longer Rates

The Federal Reserve kept interest rates steady on Wednesday's FOMC meeting, but signaled one more hike before the year ends.

Fed React: Dollar pares earlier losses after the Fed's attempt of a hawkish skip - Vimarsana News

Fed React: Dollar pares earlier losses after the Fed's attempt of a hawkish skip

Fed kept rates steady; target range remained at 5.25%-5.50% (as expected) Dot plots showed 12 of 19 expected policymakers (12 also called for one more hike i

Dollar wavers as the Fed's two-day policy begins - Vimarsana News

Dollar wavers as the Fed's two-day policy begins

Modest dollar weakness is emerging as the Fed begins their two-day policy meeting;  the euro is back above the 1.07 level, while the loonie is advancing below

Fed unlikely to raise rates in November, says Goldman Sachs - Vimarsana News

Fed unlikely to raise rates in November, says Goldman Sachs

"On November, we think that further labor market rebalancing, better news on inflation, and the likely upcoming Q4 growth pothole will convince more participants that the FOMC (Federal Open Market Committee) can forgo a final hike this year, as we think it ultimately will," the investment bank's strategists wrote in a report. Goldman’s strategists, however, wrote that they expect the Fed's "dot plot," which reflects policymakers' interest rate projections and will be updated on Wednesday, to sho

Source: aol.com
AMF Tjanstepension AB Takes $1.82 Million Position in Omnicom Group Inc. (NYSE:OMC) - Vimarsana News

AMF Tjanstepension AB Takes $1.82 Million Position in Omnicom Group Inc. (NYSE:OMC)

AMF Tjanstepension AB purchased a new stake in shares of Omnicom Group Inc. (NYSE:OMC – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 19,100 shares of the business services provider’s stock, valued at approximately $1,817,000. Several other institutional investors have also made […]