The dividend discount model doesn’t require current stock market conditions to be considered when finding the value of a stock. Again, the emphasis is on future dividend growth. For that reason ...

At the month-ending July Federal Open Market Committee meeting, the Fed maintained its interest rate target range at between 5.25% and 5.5%, with the discount rate steady at 5.5%.

Three of the Federal Reserve’s regional banks — Minneapolis, St. Louis, and Cleveland — voted last month to raise the discount rate for banks by 50 basis-points to 5%, according to minutes ...