Industrial average rose 65 points to 17,500. Nasdaq jumped 57, and the s p 500 was up 12. For the week, the dow was the outlier. Down fractionally and posting its fourweek losing streak since 2014, its first one. Nasdaq did just the opposite, snapping its own fourweek losing streak and scoring the biggest weekly index gains. And the s p 500 broke its own skid, up after three weeks of losses. All in all, it was an eventful week, chock a block with reminders for investors as we turn toward summer. Reminder number one. The fed matters, and it may raise Interest Rates this summer. The minutes from the april meeting released wednesday all but said so. Not a promise, but lots of hints. And it wasnt just hints in the minutes. It was fedspeak. Listen to bill dudley of the new york fed. The economy looks like its growing above trend and inflation is stabling, the labor market is tightening. All that chatter caused fed fund futures to bet on federal bank policy to spike. They now price in a 30 c
Talk to youu about Financial Inclusion and moving Financial Education forward. Fetches a much. [applause] thank you so much. [applause] thank you again, mr. Secretary. This is been terrific. It is my pleasure to move us forward and to introduce Roger Ferguson junior. His illustrious career and a competence accomplishments speak for himself. Federal reserve system employee. He served on the president s economic recovery Advisory Board and council on jobs and repetitiveness. Competitiveness. Ceo of piab. Allows them to have unique authority on issues of wealth building and had to provide Financial Services. His contribution to our country and the private sector have been recognized many times. Hes recognized more time. [applause] one more time. [applause] thank you for that kind introduction and good morning, everyone. The sun is to be here. I commend the secretary and the department for hosting this forum. And for paying tribute to friedmans bank. All of you know that friedmans bank was
James Feted with Coveted Community Service Appreciation Award savannahtribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from savannahtribune.com Daily Mail and Mail on Sunday newspapers.
CDFIs are steadily becoming a bigger cog in the financial system americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.