U.S. Federal Reserve expected to hold rates steady, project fewer cuts in 2024 [Globe and Mail, The (Toronto, Canada)]
BNP PARIBAS SPONS ADR (BNPQY)
NASDAQ:AMEX Investor Relations:
invest.bnpparibas.com/en
Company Research
Source: Globe and Mail, The
But the median could easily tip to only one cut among a nearly evenly divided group of policy-makers. “If there is any risk … it's that there will be only one 25-basis-point rate cut this year,” said Joe Brusuelas, chief economist for RSM US, with Powell using his news conference to “manage expectations” at a point where Fed policy-makers feel particularly uncertain about the path the economy may follow. Powell and other policy-makers have minimized the risk of a further rate increase. The Fed aggressively raised rates in 2022 and 2023 after inflation surged to a 40-year peak. The personal consumption expenditures price index, the Fed's preferred inflation measure, has declined from a 7.1 per cent peak annual pace in June 2022 to 2.7 per cent as of April. The current policy rate is regarded as restrictive enough to discourage investment and spending and gradually return inflation to the Fed's target. Yet policy-makers are not ready to commit to any cuts until they've seen mor
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