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Federal Reserve officials are still warning about “significant upside risks" to inflation, indicating that the US rate hiking cycle may not be over.
The July gathering saw all 11 voting members of the policy-setting Federal Open Market Committee (FOMC) support lifting rates by 25 basis points, as inflation remains stubbornly above the central bank's long-term two percent target.
Boston Partners boosted its position in Omnicom Group Inc. (NYSE:OMC – Free Report) by 68.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 595,269 shares of the business services provider’s stock after buying an additional 241,455 shares during the quarter. Boston Partners’ holdings […]
OANDA Senior Market Analyst Ed Moya joins Trader Nick to discuss the latest US inflation report, Disney earnings, and oil prices. <iframe allow="autoplay
Brown Advisory Inc. grew its position in Omnicom Group Inc. (NYSE:OMC – Free Report) by 7.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 712,117 shares of the business services provider’s stock after acquiring an additional 51,550 shares during […]