No landing, no Fed rate cuts: the markets' new bet on 2024 [Yahoo! Finance]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
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Source: Yahoo! Finance
The Fed has a twin mandate: to deliver some sort of mythical ideal called "price stability," aligned with an equally ephemeral notion of "full employment"; and to play its informal role as the flag-bearer for bullishness on Wall Street. Powell's odd tone, reflecting both sides of that mandate, was in stark evidence earlier this week during a speech in Washington. In his last public appearance before the Fed's next policy meeting later this month, Powell seemed pained to note that faster inflation, tied to a stronger domestic economy, would likely mean higher lending rates into the summer and beyond. "Right now, given the strength of the labor market and progress on inflation so far, it's appropriate to allow restrictive policy further time to work and let the data and the evolving outlook guide us," Powell told an audience of economists, in full knowledge that he actually was speaking to investors on Wall Street and beyond. Bloomberg/Getty Images Fed Vice Chairman Philip Je
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News
- MERRILL LYNCH B.V. FILES ANNUAL FINANCIAL REPORTPR Newswire
- Boeing taps debt market to raise $10 billion: Reuters [CNBC]CNBC
- Japan's currency falls to its weakest since 1990 against the dollar as the yen keeps yelping [Yahoo! Finance]Yahoo! Finance
- Boeing taps debt market to raise $10 billion: sources [Reuters]Reuters
- Federal Reserve Meeting Preview: High Interest Rates 'Need More Time To Work,' Bank of America Says [Yahoo! Finance]Yahoo! Finance
BAC
Earnings
- 4/16/24 - Beat
BAC
Sec Filings
- 4/29/24 - Form 424B2
- 4/29/24 - Form FWP
- 4/29/24 - Form 424B2
- BAC's page on the SEC website