State Bank Financial Corporation. stock price

State Bank Financial Corporation. latest news:

  • 02/23/2018 09:00:11

    Fed says it is still planning to raise interest rates gradually

    The Federal Reserve is planning further gradual interest-rate increases but still plans to keep the federal funds rates on the low side, the central bank said Friday in its monetary policy report to Congress. The report, which Chairman Jerome Powell will testify about next week, couched monetary policy in very similar terms to the statement the Fed gave at its last policy meeting in January. The Fed didn't seem alarmed about recent pay developments, saying the "growth of labor compensation has been moderate." On the stock market, the Fed said valuation pressures remain elevated and that there are signs nonbank financial leverage has been building, including to hedge funds that invest in stocks.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

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