Report
Eric Compton
EUR 100.00 For Business Accounts Only

Fed Tightens Again but Provides a More Dovish Tone Regarding Future Rate Hikes

While the rate hike outlook has become more uncertain over the past several months, it was still largely expected that the Federal Open Market Committee would raise its target rate at its December meeting. The FOMC did not disappoint and voted to raise its target rate range to 2.25%-2.5%. The vote was unanimous. There was again a slight change in the language of the release as well as a more dovish looking dot plot. The FOMC’s statement maintained its language that further hikes would be gradual...
Underlying
Citigroup Inc.

Citigroup is a financial services holding company whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. The company operates via two primary business segments: Global Consumer Banking, which provides banking services to retail customers through retail banking, Citi-branded cards and Citi retail services; and Institutional Clients Group, which includes banking and markets and securities services.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Eric Compton

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