Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era

Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era


Key Points
  • The founder of Bridgewater Associates said persistent inflation pressures alongside slowing growth create a backdrop that demands caution from policymakers.
  • “We are certainly in a stagflationary period,” Dalio said Monday on CNBC’s “Money Movers.”



Source

Stocks making the biggest moves midday: Sandisk, Micron, Verizon, AMD, GE Vernova and more
Finance

Stocks making the biggest moves midday: Sandisk, Micron, Verizon, AMD, GE Vernova and more

Check out the companies making the biggest moves in midday trading: Sandisk , Micron — Memory stocks were trading higher after Melius Research highlighted the group and said the artificial intelligence cycle should keep demand high for memory through the end of the decade. The analysts said that investors will likely be willing to pay […]

Read More
This bank CEO let his AI clone handle an earnings call — now he’s signing an OpenAI deal
Finance

This bank CEO let his AI clone handle an earnings call — now he’s signing an OpenAI deal

Key Points Customers Bank has signed a multiyear partnership with OpenAI, with engineers set to be embedded at the bank to help automate lending and onboarding, CNBC has learned exclusively. The bank is targeting an improvement in its efficiency ratio from about 49% to the low 40s and higher returns starting in 2027, while codeveloping […]

Read More
Stocks making the biggest moves premarket: Qualcomm, Domino’s Pizza, Adobe & more
Finance

Stocks making the biggest moves premarket: Qualcomm, Domino’s Pizza, Adobe & more

Check out the companies making the biggest moves premarket: Qualcomm , Apple — The chipmaker surged more than 12% after TF International Securities analyst Ming-Chi Kuo said in a post on X that OpenAI is working with Qualcomm to develop smartphone processors. Apple, the iPhone maker, slipped 1.5% on the report of a potential new […]

Read More