The Fed was tempted by the strengthening economy, optimism on reaching the inflation target this year and impressive labor market gains. "The job market remains strong, the economy continues to expand, and inflation appears to be moving toward the FOMC's 2 percent longer running goal," Powell stated in a press conference. Notably, PNC Financial and BofA, Zacks #3 (Hold)-ranked players, highlight their optimism on the banks' bright future prospects, with shares rising 10.1% and 8%, respectively, year to date.