Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks

Federal Open Market Committee


The Market Glance for October 9: Gear up for Bank Earnings

Asif Imtiaz Oct 09, 2017

Along with the release of Q3 earnings by several major banks this week, the Federal Open Market Committee (FOMC) will be meeting to discuss the biggest mystery of the year: the lack of inflation in the economy.

So far, the main inner of the Fed’s monetary tightening policy has been the banking sector. Additional profits from variable loan spreads have beefed up bottom lines of several banks last quarter. With the unemployment rate at historic low levels, it will be interesting to read the FOMC meeting minutes this week as the Fed has already put a brake on its easy-money policies. However, if we see a handful of committee members concerned about low inflation, the markets may sharply react as it would put a big question mark on the proposed rate hike in December.

Last week’s edition emphasized the start of the Q4 earnings season. Click here to read more.

To read the Full Story, Go Premium or Log in

Popular Articles