So the Federal Reserve has now cut rates again. Third meeting in a row, a 25 basis point cut this time. This is there were three dissents to this cut.Uh the first time there were three descents in about six years. So September of 2019. In this meeting, Steven Myron desented because he would like to see a half a percent cut.And then on the other side of this, Kansas City Fed President Jeff Schmid as well as Chicago President President Austin Goulby wanted to keep the things keep pause rate cuts where we are ...

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

Investors are betting the Federal Reserve will lower interest rates today for the third time this year, though there could be division within the central bank over the decision. "The decision will not be unanimous and is likely to feature dissents in both a hawkish and dovish direction," Deutsche Bank chief US economist Matt Luzzetti said. Where there might be more consensus: on signals that most of the rate cuts are finished — for now. Today's decision could draw dissents on both sides from one to as m ...

Equity markets are still twiddling their proverbial thumbs ahead of the Federal Reserve’s latest interest rate decision, due out later today. Silver is extending its breakout above $60, crude oil is rising a bit, but gold is easing back. The dollar and Treasuries are flattish. To get more articles and chart analysis from MoneyShow, subscribe to our Top Pros’ Top Picks newsletter here.) Two developments are in Wall Street’s crosshairs today. One is the Fed meeting, where policymakers are expected to cut i ...

Uh joining us right now to talk more about the broader markets is Megan Shu. She is chief investment strategist at Wilmington Trust, also a CNBC contributor. And thank you for coming in this morning, Elizabeth.Megan, sorry, Elizabeth Shu. That's that's what's in my head, Megan. Thank you.[laughter] >> Um let's talk a little bit about where you see things with the Fed meeting today. I I know you're of the opinion that they should cut and you know this is a pretty difficult time for forecasting with what the ...

Company Overview - Isabella Bank Corporation (ISBA) shares increased by 5.4% to $48.99 in the last trading session, with a notable trading volume, and have gained 15.7% over the past four weeks [1] - The company is expected to report quarterly earnings of $0.74 per share, reflecting a year-over-year increase of 42.3%, with revenues projected at $20.8 million, up 12.3% from the previous year [3] Earnings Estimates and Trends - The consensus EPS estimate for Isabella Bank has been revised 8.8% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] - Empirical research suggests a strong correlation between earnings estimate revisions and near-term stock price movements, highlighting the importance of monitoring these trends [3][4] Industry Context - Weakening job markets may lead the Federal Reserve to lower interest rates further, which could impact banks' net interest income and margins, but asset repricing and solid loan demand are expected to provide support [2] - Isabella Bank belongs to the Zacks Banks - Northeast industry, where another company, Independent Bank Corp. (INDB), has shown a 6.4% return over the past month, closing at $74.29 [4]

NEW YORK (AP) — The U.S. stock market rose to the edge of its record on Wednesday after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026. The S&P 500 climbed 0.7% and finished just shy of its all-time high, which was set in October. The Dow Jones Industrial Average jumped 497 points, or 1%, and the Nasdaq composite rose 0.3%. Wall Street loves lower interest rates because they can boost the economy and send prices for investmen ...

Joining me now to talk about this is Independent Institute senior fellow and former Federal Reserve Board nominee Judy Shelton. Uh Judy, let me just jump to it. Let's talk first about whom you are favoring among the five candidates on the short list and then we'll get to who you do not think should get the job.>> Well, I think Kevin Hasset would be an excellent choice. Uh we just heard in that answer that um he's not willing to say exactly what he will do over the next six months. Yeah.>> But I think the th ...

Justin Sullivan/Getty Images The Fed kicks off a two-day meeting today. It's largely expected to cut rates on Wednesday. Investors are currently pricing in an 87% chance of a 25-basis-point cut. One chart shows how the direction of stocks since late October has been largely dictated by rate-cut expectations. If you had to pick a defining driver of the stock market over the first several months of 2025, it would probably be President Donald Trump's tariffs. Then the middle section of the year was o ...

But favorite to be next Fed chairman agrees with Trump there is "plenty of room†for cuts in coming months. ...