Interest Rates Are Rising -- How Will It Affect Your Investments? [The Motley Fool]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: The Motley Fool
The Federal Reserve raised interest rates three times in 2017. Here’s what you need to know. The Federal Reserve has raised the federal funds rate five times since 2015, and more hikes are expected in 2018. In this clip, Michael Douglass and Matt Frankel discuss what this means to you as an investor. A full transcript follows the video. This video was recorded on Dec. 18, 2017. Michael Douglass: Story No. 2: Interest rates. Because, of course, it ties right into the Fed. The Fed increases interest rates when the economy is doing well, so they control inflation. Of course, they tend to drop interest rates when the economy needs a little bit of an extra nudge. The Fed has raised interest rates three times this year, and it's now going to be up to a range between 1.25% and 1.5%. And they have signaled three more interest rate increases next year, two in 2019, and two more in 2020. Matt Frankel: That's really the key story. The interest rate hike that just hap
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WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 4/23/24 - Form 8-K
- 4/23/24 - Form PX14A6G
- 4/23/24 - Form 424B2
- WFC's page on the SEC website