NationsBank Donates to Mount St. Mary’s College Fund
NationsBank contributed 1000 dollars to Mount St. Mary’s College Commuter Grant Fund. Pictured are Bob Bonifant senior regional executive for Western Maryland community banking, Frank DeLuca Mount St. Mary’s VP for advancement, and Craig Russel NationsBank VP.
MENTIONED IN THIS ARTICLE
Nations Bank
Mount St. Mary’s College
Bob Bonifant
Western Maryland Community Banking
Frank DeLuca
Craig Russel
NationsBank
Half-point Fed hike seen as likely amid inflation fight
Private economists forecast a one-half point increase in both the federal funds rate and the discount rate at the upcoming Fed meeting. Analysts warn such action would lift banks' prime lending rate, ripple through loans, and prompt a market reaction as inflation easing and slower growth temper the outlook. The report notes current funds rate at 3.75 percent and banks eyeing 7 percent or higher prime rates, with long bonds fluctuating despite policy shifts.
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Washington
Federal Reserve
Fed
Bruce Steinberg
Merrill Lynch
New York
Federal
Greenspan
U.S
Tokyo
London
Frankfurt
Paris
Stocks Up Monday In Light Trading
Stocks end mostly higher in subdued trading as investors await the Fed policy meeting. Dow gains 11.82 to 3671.50 while S&P 500 rises to 444.50 and Nasdaq slips, with volume around 234.7 million on the NYSE. Market mood shifts on expected Fed rate moves amid mixed economic signals.
MENTIONED IN THIS ARTICLE
Dow Jones
Marriot
New York Gold
Kmart
Life Tech
AllgPwr
Lora Corp
Alumax
Wes
Yeene
Loyola Corp
Avemco
Uncigd Marriott
Baltge
Potom el
Exxon
Sears
Fcnb Corp
F&m Bancorp
First United
Weis
Giant Foods
Fervis, TE Corp
Baker Watts Inc
Hech
Treasury
Greenspan
New York
New York Stock Exchange
Standard & Poors
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Ed Waters Jr
Sohoff & Love, Ltd
the Solution Works Inc
Peele
Leane
aSert Apte
Scott Alan Morrison
Russell
Heffner & Morrison
Frederick, MD
Don Butt, Jr
CPA
Thurmont, MD
U.S. 15 North
Michael L. Clabaugh
PHIVE
Reserve
Alan Greenspan
Allen Sinai
Lehman Brothers
Federal Home Loann Mortgage Corp
Juity Lin
Fcnb Bank
Antietam
East Frederick
Eldersburg
FCN. Bank
FSK Mall
Middletown
Frederick County
Carroll County
Rosemont
Walkersville
Mt. Airy Office
Miwok
FDIC
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