Inflation Is Rising, And The Fed's Main Tool To Fix It Might Not Work [Yahoo! Finance]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investor.bankofamerica.com
Company Research
Source: Yahoo! Finance
The Fed usually raises its fed funds rate to curb "demand-side" inflation stemming from consumers holding more cash, but that is thought to be ineffective against inflation driven by supply shortages. The Fed may raise rates after all if the shock continues for a long time, leading the public to expect higher inflation in the future. The Iran war is causing a surge in energy prices that's likely to stoke inflation in the coming months, and the Federal Reserve's monetary policy playbook may be helpless to stop it. With average gas prices up more than $1 a gallon so far because of the Iran war, economists say other prices are likely to follow suit and lead to a general uptick in inflation. Forecasters at Bank of America, for example, said they expect consumer prices as measured by Personal Consumption Expenditures to rise nearly 4% over the year in the second quarter, up from their pre-war estimate of 3% annual inflation. The Federal Reserve, tasked by Congress with managing in
Show less
Read more
Impact Snapshot
Event Time:
BAC
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
BAC 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
BAC alerts
High impacting Bank of America Corporation news events
Weekly update
A roundup of the hottest topics
BAC
News
- Public Storage Prices 5.000% Senior Notes [Yahoo! Finance]Yahoo! Finance
- SpaceX has filed confidentially for IPO ahead of AI rivals [Fortune]Fortune
- Why Bank of America (BAC) is Poised to Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
- Bank of America (BAC) had its price target lowered by Morgan Stanley from $67.00 to $61.00. They now have an "overweight" rating on the stock.MarketBeat
- 2026. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc. [TheStreet.com]TheStreet.com
BAC
Earnings
- 1/14/26 - Beat
BAC
Sec Filings
- 4/1/26 - Form 424B2
- 4/1/26 - Form FWP
- 4/1/26 - Form 424B2
- BAC's page on the SEC website