Fed's Kashkari says 50 bps rate cut was 'right decision' [Yahoo! Finance Canada]
KRAIG BIOCRAFT LABS INC (KBLB)
NASDAQ:AMEX Investor Relations:
kraiglabs.com/investors
Company Research
Source: Yahoo! Finance Canada
(Reuters) - Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent interest rate cut, calling it the "right decision" in light of substantial progress on inflation and the risk of an increase in unemployment. "The balance of risks has shifted away from higher inflation and toward the risk of a further weakening of the labor market, warranting a lower federal funds rate," Kashkari said in an essay, referring to the bank-to-bank overnight lending rate that is the Fed's main policy lever. "Even after that cut, the overall stance of policy remains tight." Last week the Fed cut its target range for its policy rate by a half-of-a-percentage point, to 4.75%-5.00%, a bigger-than-usual move that caught many analysts by surprise. Kashkari is not among the Fed's 12 voting rate-setters this year, so his view on the recent decision was not previously known. He had until recently been among the more hawkish of Fed policymakers,
Show less
Read more
Impact Snapshot
Event Time:
KBLB
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
KBLB 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
KBLB alerts
High impacting KRAIG BIOCRAFT LABS INC news events
Weekly update
A roundup of the hottest topics
KBLB
News
- Kraig Biocraft Laboratories Launches Spider Silk Production at Recently Completed Higher Capacity Facility [Yahoo! Finance]Yahoo! Finance
- Kraig Biocraft Laboratories Launches Spider Silk Production at Recently Completed Higher Capacity FacilityGlobeNewswire
- Kraig Biocraft Laboratories Completes New Production Center, Expands Capacity more than Eightfold [Yahoo! Finance]Yahoo! Finance
- Kraig Biocraft Laboratories Completes New Production Center, Expands Capacity more than EightfoldGlobeNewswire
- Kraig Biocraft Laboratories Significantly Increases Spider Silk Reeling Efficiency, Boosting Per Cocoon Yield [Yahoo! Finance]Yahoo! Finance
KBLB
Sec Filings
- 8/16/24 - Form 424B3
- 8/14/24 - Form 10-Q
- KBLB's page on the SEC website