Report
Jim Sinegal
EUR 101.80 For Business Accounts Only

Low Inflation Readings Aren't Enough to Knock the Fed Off Course

The Federal Reserve chose to raise its target for the federal funds rate by 25 basis points to 1.25%-1.5% as the central bank weighed the strength of the employment market and continued growth in household spending and business investment more heavily than lackluster inflation readings. The Federal Reserve sees the risks of inflation and underemployment as roughly balanced at the moment but believes monetary policy is still accommodative enough to boost inflation back to its 2% target over the m...
Underlying
Wells Fargo & Company

Wells Fargo & Company is a financial and a bank holding company. Through its subsidiaries, the company provides banking, investment and mortgage products and services, as well as consumer and commercial finance. The company provides consumer financial products and services including checking and savings accounts, credit and debit cards, and automobile, student, mortgage and home equity and small business lending, as well as financial planning, private banking, investment management, and fiduciary services. The company also provides financial solutions including commercial loans and lines of credit, letters of credit, asset-based lending, trade financing, treasury management, and investment banking 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
Jim Sinegal

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