Why Affirm Stock Is Seeing Blue Skies

Quick Summary:

What To Know: Affirm shares surged Wednesday following the Federal Reserve's decision to maintain its benchmark interest rate at 4.25%-4.50% and slow the pace of quantitative tightening.

Shares of technology companies are trading higher in sympathy with overall market sentiment after the Fed policy decision to keep rates unchanged.

Investors cheered the move, which signals a more accommodative monetary policy stance that could ease borrowing costs for consumers and businesses alike.

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Article Details

Author / Journalist: Henry Khederian

Category: Technology

Markets: United States

Topics: Benzinga Fintech Why it's moving Tech AFRM News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 20:37:07 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27179713

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 23 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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