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Fed Chairman Powell, interest rate cuts are not far off.
Fed Chairman Powell, interest rate cuts are not far off. 1) Powell, ‘I’m not too far from sure to cut it.’Fed Chair Jerome Powell suggests he is nearing the confidence needed to start cutting rates. “We are waiting for more confidence that inflation is moving sustainably at the 2% level,” he said. “That confidence is…
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NYCB Attracts Over $1 Billion Equity Investment
1) NYCB Attracts Over $1 Billion Equity InvestmentNew York Community Bancorp (NYCB), which is in trouble with commercial real estate (CRE) issues, has succeeded in attracting more than $1 billion in equity investment. Liberty Strategic Capital, led by former U.S. Treasury Secretary Steven Mnuchin, has decided to invest $450 million, Hudson Bay Capital has decided…
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[Is investing in EVs a waste of money? Bad article title that leads to misreading]
[Is investing in EVs a waste of money? Bad article title that leads to misreading] After an interview with the president of Toyota’s North American subsidiary in an American automotive media outlet called Autonews, the title was singularly chosen. “Toyota’s Ted Ogawa: Better to buy credits than ‘waste’ EV investment” If I translate that sentence…
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In my essay the previous day, I talked about the imbalance between the rich and the poor,
In my essay the previous day, I talked about the imbalance between the rich and the poor, centered on the savings rate. And I talked about the imbalance between the United States and other countries. And beyond that, there could be imbalances. Let’s do a little bit more at the national level. The imbalance between…
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Weekly Issue Check: Powell Hearing, Employment Report, Broadcom Earnings
03/04 Weekly Issue Check: Powell Hearing, Employment Report, Broadcom Earnings Remarks and monetary policy meetings: Powell remarks, Beijimuk, BOC, ECB meetingAttention is drawn to comments made by Fed Chairman Powell and other Fed members, as well as announcements by the Beige Book, which gives some predictions of the FOMC. Notably, attention is paid to Powell’s…