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The central parity rate of RMB reported 7.1318, up 10 basis points.
On July 17th, the central parity rate of RMB was reported at 7.1318, up 10 basis points from the previous trading day's central parity rate of 7.1328. Moody's: The Federal Reserve may cut interest rates by 25 basis points in July. Global rating agency Moody's expects the Federal Reserve to begin cutting interest rates by 25 basis points at its July 30-31 meeting at the earliest. Madhavi Bokil, senior vice president of Moody's ratings, said that CPI data confirmed our view that higher-than-expected inflation data in the first quarter was a one-time event. The rapid cooling of the labor market indicates that the impact of tightening monetary policy is growing. If the FOMC decides to maintain its monetary policy stance at its meeting in July.
Getting In Cheap On Moody's Corporation (NYSE:MCO) Might Be Difficult
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may consider Moody's Corporation (NYSE:MCO) as a stock to avoid entirely with its 48.5
Moody's Is Maintained at Buy by B of A Securities
Moody's Is Maintained at Buy by B of A
Moody's Price Target Raised to $510.00/Share From $430.00 by B of A Securities
Moody's Price Target Raised to $510.00/Share From $430.00 by B of A
JPMorgan Adjusts Price Target on Moody's to $500 From $415, Maintains Overweight Rating
Moody's (MCO) has an average outperform rating and a price target range of $365 to $500, according to analysts polled by Capital IQ.Price: 450.49, Change: +3.79, Percent Change: +0.85
BofA Securities Maintains Moody's(MCO.US) With Buy Rating, Raises Target Price to $510
BofA Securities analyst Heather Balsky maintains $Moody's(MCO.US)$ with a buy rating, and adjusts the target price from $430 to $510.According to TipRanks data, the analyst has a success rate of 56.9%
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