Fed expected to hold rates steady, project fewer cuts in 2024 [Yahoo! Finance Canada]
BNP PARIBAS SPONS ADR (BNPQY)
NASDAQ:AMEX Investor Relations:
invest.bnpparibas.com/en
Company Research
Source: Yahoo! Finance Canada
unchanged on Wednesday, with new economic projections from the U.S. central bank's policymakers likely to show fewer rate cuts this year and a delayed start to monetary policy easing. Fed officials will receive a new round of inflation data that could shape their outlook just hours before they conclude their latest two-day meeting and release a fresh policy statement and updated quarterly projections. But with the Fed's efforts to lower inflation to its 2% target showing only modest improvement this year through April and strong job growth allaying concerns of a weakening economy, analysts expect the central bank to maintain its "no-rush" attitude towards rate cuts, leaving the benchmark policy rate in the 5.25%-5.50% range that was set last July. ADVERTISEMENT "Given that inflation remains above target and activity remains robust, the Fed can exercise patience in determining when it would next adjust its policy rate," Bank of America economists wrote about a meeting they felt
Show less
Read more
Impact Snapshot
Event Time:
BNPQY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BNPQY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BNPQY alerts
High impacting BNP PARIBAS SPONS ADR news events
Weekly update
A roundup of the hottest topics
BNPQY
News
- Goldman Sachs Brokers Spanish Football Club Betis's Refinancing [Yahoo! Finance]Yahoo! Finance
- Goldman Sachs Brokers Spanish Football Club Betis's Refinancing [BNN Bloomberg (Canada)]BNN Bloomberg
- Brazil Inflation Slows More Than Expected as Rate Cuts Halt [Financial Post (Toronto, Ontario, Canada)]Financial Post
- BNP Paribas SA (BNPQY) Could Be a Great Choice [Yahoo! Finance]Yahoo! Finance
- BNP Paribas SA : 2024 MREL requirements notification [Yahoo! Finance]Yahoo! Finance