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Fed Moves Markets With First Rate Hike Of 2017: On Path To 'Beautiful Normalization'
Wednesday, March 15, 2017 - 2:44pm | 622The Federal Reserve delivered the interest rate hike the markets were expecting on Wednesday. The Fed announced it will be upping the fed funds target rate by 0.25 percent to a range of 0.75-1.0 percent. Despite the fact that rising interest rates are typically bad for stocks and commodities like...
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Experts Examine ADP Employment Ahead Of Friday's Non-Farm Payroll Data
Thursday, October 1, 2015 - 10:19am | 720USA ADP Employment Change for September read 200,000 versus 194,000 consensus estimate. The prior reading was 190,000. Investors, analysts await Friday's Non-Farm Payroll report. The U.S. government reported its employment change data on Wednesday that helped jolt the equity market...