Raphael Bostic states Fed wants to ‘stay the course’ irrespective of reduced wage gains

Raphael Bostic states Fed wants to ‘stay the course’ irrespective of reduced wage gains


Essential Details
  • Atlanta Fed President Raphael Bostic said Friday that December’s employment report isn’t going to transform his look at on monetary coverage.
  • “We have obtained to remain the system,” he said, including that he expects a further quarter- or 50 percent-issue rate hike when the Fed releases its upcoming final decision on Feb. 1.



Supply

Robinhood’s venture fund, which gives investors access to private companies, tanks 11% on first day
Finance

Robinhood’s venture fund, which gives investors access to private companies, tanks 11% on first day

Key Points The fund, which is trades under the ticker RVI, offers exposure to notable private companies such as financial services firm Revolut and software company Databricks. However, the launch comes during a tough time for public markets. Source

Read More
Fed Governor Miran says job losses in February add to the case for more interest rate cuts
Finance

Fed Governor Miran says job losses in February add to the case for more interest rate cuts

Key Points Federal Reserve Governor Stephen Miran said in a CNBC interview on Friday that the weak February jobs report bolsters the rationale for the central bank to lower interest rates further. If Miran had his way, the rate would be around neutral, which he deems to be about a full percentage point lower. Source

Read More
U.S.-Iran war exposes big market concentration risk. It isn’t in S&P 500 stocks
Finance

U.S.-Iran war exposes big market concentration risk. It isn’t in S&P 500 stocks

ETF Edge U.S.-Iran war exposes big market concentration risk. It isn’t in S&P 500 stocks Published Fri, Mar 6 202612:52 PM EST Krysta Escobar WATCH LIVE Source

Read More
Powered by WordPress | WP Magazine by WP Mag Plus