business
3 Financial Stocks to Watch After the Fed Held Rates Steady
Key takeaways
- It came as no surprise to anyone, as inflation has been ticking back up, driven by higher energy costs.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
- Financial stocks are among the most sensitive to interest rates, particularly banks.
Dave Kovaleski, The Motley Fool Wed, May 6, 2026 at 6:50 PM GMT+7 5 min read NVDA INTC At its last meeting on April 29, the Federal Open Market Committee (FOMC) decided to keep the federal funds rate where it has been since December, in the 3.5% to 3.75% range.
It came as no surprise to anyone, as inflation has been ticking back up, driven by higher energy costs. And interest rate traders, according to the CME Fed Watch poll, do not expect rates to come down this year.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop