Fed holds steady on interest rates—here's what experts are watching [CNBC]
The Bank of New York Mellon Corporation (BK)
Last the bank of new york mellon corporation earnings: 4/16 06:30 am
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Source: CNBC
Fed holds steady on interest rates—here's what experts are watching VIDEO 5:22 05:22 Six experts on Fed's decision to leave interest rates unchanged No Fed rate cuts for now. The Federal Reserve keep interest rates steady With Wall Street traders pricing in a 100% chance Here are three of their takes on what comes next for the market: Alicia Levine, chief strategist at BNY Mellon, said the decision to leave interest rates unchanged is a good sign for the market: "So I'd say that July is on the table here, and I think that it's very reasonable to think there's two cuts this year with this change in the dot plot J.P. Morgan Funds Chief Strategist David Kelly said this may seem like a good decision for now but there could still be danger ahead: "I think the stock market may like this in the short run, but I think we're in some dangerous territory here. I mean, first of all, two wrongs don't make a right, and it's inappropriate to have an overly easy monetary policy to enable an overly a
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Earnings
- 4/16/24 - Beat
BK
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- 5/8/24 - Form 144
- BK's page on the SEC website