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Stock impact report

Fed expected to stand pat this week amid ongoing uncertainty from Iran conflict [Yahoo! Finance Canada]

M&T Bank Corporation (MTB) 
Last m&t bank corporation earnings: 4/20 06:37 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/m
It's likely to keep the central bank holding interest rates where they are. “There's still uncertainty about how this war is going to be resolved, and oil prices have been volatile. But they're still well above where they were before the war started, and so that will eventually have an impact on the economy,” former Cleveland Federal Reserve president Loretta Mester said. Policymakers are weighing the war's impact on inflation and growth, waiting to see how severe it will be, depending on how long the war lasts. Esther George, former president of the Kansas City Federal Reserve, said there's a sense that the ripple effects will be felt through the summer and into the fall, keeping oil prices higher and impacting supplies. So far, the official data shows that because gas prices have soared, but the higher energy prices haven't so far bled through to prices of goods and services. Read more: Mester said she thinks the Fed needs to be cautious about that bleed-through. “That's Show less Read more
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