Wells Fargo’s Mike Mayo on what the Fed’s decision means for bank stocks

by

CNBC Television published this video item, entitled “Wells Fargo’s Mike Mayo on what the Fed’s decision means for bank stocks” – below is their description.

The Federal Reserve on Wednesday considerably raised its expectations for inflation this year and brought forward the time frame on when it will next raise interest rates. Mike Mayo, senior analyst at Wells Fargo, joined “Squawk Box” on Thursday to discuss what this decision could mean for the financial sector.

CNBC Television YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

Recent from CNBC Television:

The narrative behind big tech is 'very strong', they are must own stocks, says laffer tengler ceo 1

The narrative behind Big Tech is ‘very strong’, they are must own stocks, says Laffer Tengler CEO

Category: News

The Biden campaign can’t fix messaging around age, says Mick Mulvaney

Category: News

Last Call panel weighs in on Sports Illustrated laying off entire staff

Category: News

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

5 Recent Items: Inflation

Red Sea tension upsets Yemeni fishermen’s livelihood

Category: News

Impact inflation, living costs have on birth rates and Canadians on parental leave

Category: News

Davos 2024: Biggest Takeaways From the World Economic Forum

Category: News

Fed rate cuts: Labor data will make ‘last mile less difficult’: Economist

Category: Business, Finance, Manufacturing

Trump Back in White House? Lagarde Says ‘Let Me Have Some Coffee’

Category: News

In This Story: Wells Fargo

Wells Fargo & Company ( NYSE:WFC ) is an American multinational financial services company with corporate headquarters in San Francisco, California, operational headquarters in Manhattan, and managerial offices throughout the United States and internationally.

4 Recent Items: Wells Fargo

Home builder confidence surges as mortgage rates fall

Category: Business, Finance

Wells Fargo’s House Sees Bumpy Path on Inflation

Category: Business

Stock Market news: Stocks dip, Boeing falls 7% January 16 | Yahoo Finance

Category: Aerospace & Defence, Business, Cryptocurrency, Energy

Wells Fargo CFO: Many Consumers, Clients in Good Shape

Category: Business

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.