The Federal Reserve held its May regular meeting on May 4 in Washington, D.C., the capital of the United States. ezy_invest has compiled the highlights of this regular meeting here:
- The Federal Reserve announced a 50 basis point rate hike this month, up from 25 basis points at the last regular meeting. This is also the first time since 2000 that interest rate hikes have reached 50 basis points, and the federal funds rate was raised to 0.75% - 1%
-The Federal Reserve announced that it will begin downsizing on June 1. The scale reduction for the first three months was 47.5 billion dollars per month (30 billion from US Treasury bonds, 17.5 billion from institutional bonds)
-After September 1, it will accelerate to 95 billion dollars per month (60 billion US Treasury bonds and 35 billion institutional bonds)
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- The Federal Reserve announced a 50 basis point rate hike this month, up from 25 basis points at the last regular meeting. This is also the first time since 2000 that interest rate hikes have reached 50 basis points, and the federal funds rate was raised to 0.75% - 1%
-The Federal Reserve announced that it will begin downsizing on June 1. The scale reduction for the first three months was 47.5 billion dollars per month (30 billion from US Treasury bonds, 17.5 billion from institutional bonds)
-After September 1, it will accelerate to 95 billion dollars per month (60 billion US Treasury bonds and 35 billion institutional bonds)
Follow ezy_ invest on Facebook to get more financial investment knowledge
https://www.facebook.com/ezyinvest1/
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This week, multiple technology growth stocks will release earnings for the quarter. Among them, you can focus on Palantir (PLTR), Unity (U), Coinbase (COIN), and Electric Vehicle Manufacturer Ideal (LI)
Monday pre-market: PLTR, BNTX
Monday after-hours: AMC, LMND
Tuesday pre-market: PTON, LI
Tuesday after-hours: SOFI, RBLX, OXY, COIN, U
Wednesday after-hours: DIS, RIVN, BYND
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Monday pre-market: PLTR, BNTX
Monday after-hours: AMC, LMND
Tuesday pre-market: PTON, LI
Tuesday after-hours: SOFI, RBLX, OXY, COIN, U
Wednesday after-hours: DIS, RIVN, BYND
Follow ezy_invest on Facebook to get more financial investment knowledge
https://www.facebook.com/ezyinvest1/
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Learn something new on Moomoo!
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$Advanced Micro Devices(AMD.US$ and $Micron Technology(MU.US$ to hit all time high in the next 4 weeks due to current market condition of chip shortage. Micron Techonology has delivered a strong and competitive financial report in FY21 and soon to close up their financial year. Definitely a bullish sign for this potential stock. Go Micron!
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Hold for Apple, new products to be launched by September.
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