Author: Daniel snow
Atlanta Fed Chair Raphael Bostic told CNBC on Monday that he currently prefers only one rate cut this year as the central bank tries to balance potential upward pressures on inflation with worries of a recession.The U.S. central bank released projections in March that pointed toward two quarter-point rate cuts in 2025. However, Bostic said Monday that the tariffs have been larger than the Fed expected at the start of the year.”For me right now, I’m expecting it’s going to take a bit longer for that to sort out. … I’m leaning much more into one cut this year, because…
Leaders often fixate on the what—the shiny concept or initiative. But the real linchpin of success? The how. Source link
A dip in the stock market caused by the Moody’s downgrade of the U.S. debt should be bought, according to a once-pessimistic and now seemingly bullish strategist. Source link
How a single agreement with Mexico could strengthen America’s digital security, provide new jobs — and counter China. Source link
Tech, financials and healthcare are 3 relatively insulated U.S. stock-market sectors. Source link
Everything except jobless claims, which have held steady, and GDP appears to be a recession indicator. Source link
… and two other tricky workplace dilemmas. Source link
Kotok in his latest email to clients walks through an estimate of just how much tariffs will take a bite out of corporate earnings. Source link
Even more than free legal help, what the president gets from the firms is the joy of publicly dominating and demeaning his adversaries. Source link
“My ex-wife and I both recently retired from federal government jobs, and have comfortable retirements.” Source link