Federal Reserve leaves key interest rate unchanged amid signs inflation is starting to slow further [Yahoo! Finance]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
Company Research
Source: Yahoo! Finance
In a statement Wednesday , the central bank said economic activity "has continued to expand at a solid pace," while job gains "have remained strong, and the unemployment rate has remained low." Though inflation has eased over the past year, it remains elevated — even as there has been "modest further progress toward the Committee's 2% inflation objective." The Fed now projects just one rate cut in 2024, down from multiple ones in its previous projection. Indeed, signs of easing price growth have emerged, leaving some economic analysts to speculate that a rate cut could come prior to November's general election. The Fed is in charge of keeping inflation under control. It does this by managing the federal funds rate, which influences borrowing costs for everything else in the economy. For the past year, the Fed has held that rate at approximately 5.5%. By keeping interest rates elevated, the Fed hopes to reduce consumer demand for goods and services — and in turn slow price
Show less
Read more
Impact Snapshot
Event Time:
ING
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
ING 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
ING alerts
High impacting ING Group, N.V. news events
Weekly update
A roundup of the hottest topics
ING
News
- ING to Provide Sustainability Linked Revolving Credit Facility for Lafayette Square [Yahoo! Finance]Yahoo! Finance
- ING to Provide Sustainability Linked Revolving Credit Facility for Lafayette SquarePR Newswire
- Progress on share buyback programmeGlobeNewswire
- Oil price news: Oil creeps up after loss as prices take cues from wider markets [BNN Bloomberg (Canada)]BNN Bloomberg
- Oil Extends Drop as Risk-Off Tone Counters More Attacks on Ships [Financial Post (Toronto, Ontario, Canada)]Financial Post
ING
Earnings
- 2/1/24 - Miss
ING
Sec Filings
- 6/26/24 - Form 6-K/A
- 6/25/24 - Form 6-K
- 6/18/24 - Form 6-K
- ING's page on the SEC website