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ReutersFed's Harker: one interest rate cut this year my base case
"If all of it happens to be as forecasted, I think one rate cut would be appropriate by year's end," Harker said in prepared remarks to an event hosted by the regional central bank in Philadelphia, after outlining his view that he sees slowing but above-trend economic growth, a modest rise in the unemployment rate, and a "long glide" back to target for inflation as his base case. The U.S. central bank kept interest rates unchanged in the 5.25-5.50% range at its policy meeting last week as it seeks to keep pressure on the economy to cool inflation back to the Fed's 2% target rate.
Insider MonkeyApplied Materials, Inc. (AMAT): Best Hardware Stock To Buy According to Hedge Funds?
We recently compiled a list of the 15 Best Hardware Stocks According to Hedge Funds. In this article, we are going to take a look at where Applied Materials, Inc. (NASDAQ:AMAT) stands against the other hardware stocks. With the first half of 2024 nearly over, artificial intelligence continues to play a dominant role in the stock […]
Yahoo News UKThe hidden psychology behind why people vote for certain parties
Voting is often irrational, and factors such as charismatic leaders can often sway which box people tick on their ballot, says mindset psychologist Dr Rebekah Wanic.
