Report
Jim Sinegal
EUR 101.80 For Business Accounts Only

Federal Reserve Continues on Path to Normalization, but Questions Remain

The Federal Reserve raised its target for the federal funds rate by 25 basis points to 1.0%-1.25% following another month of growth in household spending and business investment along with slowly improving employment data. Plans to begin reducing the size of the central bank’s balance sheet later in the year remain in place. The Federal Open Market Committee believes that current monetary policy is still accommodative, implying that further tightening will be necessary to bring rates back to a n...
Underlying
M&T BANK CORPORATION

M&T Bank is a bank holding company. Through its subsidiaries, the company provides individuals, corporations and other businesses, and institutions with commercial and retail banking services, including loans and deposits, trust, mortgage banking, asset management, insurance and other financial services. Banking activities are primarily focused on consumers residing in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia and on small and medium-size businesses based in those areas. Certain subsidiaries also conduct activities in other areas.

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
Jim Sinegal

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