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1 day ago · Michael Dell’s net worth sinks the most in a single day, falling by $11.7 billion after shares of his company suffer record selloff on weak revenue BY Diana Li and Bloomberg 0 minutes ago
2 days ago · I’m 54 and would like to retire next year. I intend on moving out of expensive New York City to Florida where I will purchase a home outright with cash for $600,000 to $650,000 (financed from ...
2 days ago · "You can call this the Fed Cut Reflexivity Paradox: The more the Fed insists that the next move in interest rates is a cut, the more financial conditions will ease, making it more difficult for ...
1 day ago · Jerome Powell’s Federal Reserve is Stuck in a Self-Defeating Paradox. The Wealth Advisor Contributor. June 2, 2024. (Fortune) - The Federal Reserve has talked financial markets into creating an easier environment, which paradoxically makes lowering rates a more difficult task for the central bank, a top economist said.
2 days ago · Cover. The Fed Won’t Cut Rates This Year. Federal Reserve Chairman Jerome Powell and his team had hoped to lower rates in 2024. But sticky inflation, a strong economy, and calendar quirks are...
3 days ago · Jerome Powell speaks softly and is a consummate politician, but if you read between the lines, the Fed is very likely targeting excessive asset valuations with continued tightening pressure.
5 days ago · The Fed, led by Chair Jerome Powell, raised its benchmark rate by 5 percentage points from March 2022 through June 2023 — the fastest such increase in four decades — to try to drive inflation...
