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Cathie Wood Wonders What's The Next Shoe To Drop, As Ark Invest Founder Blames Fed For Regional Banking, Commercial Real Estate Crises
Saturday, June 24, 2023 - 3:23pm | 640Read More...The Federal Reserve hit the pause button at the June meeting and signaled that more rate hikes could be around the corner, but at least one analyst believes that the central bank may have overreacted. What Happened: Ark Invest founder and money manager Cathie Wood took to Twitter on Friday to...
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Fed's Kashkari Open To Idea Of Moving Slow On Rates But Does Not Support Pivot
Sunday, May 21, 2023 - 5:22pm | 455Read More...Minneapolis Fed President Neel Kashkari, a member of the Federal Open Market Committee, the monetary policy setting arm of the central bank, hinted at favoring a pause on a rate hike at the upcoming June meeting. What Happened: “I’m open to the idea that we can move a bit more slowly...
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Elon Musk Sees Deflation Coming If There Is Another Major Fed Rate Hike
Saturday, September 10, 2022 - 3:59pm | 678Read More...Elon Musk has warned that another interest rate hike by the U.S. Federal Reserve could result in deflation hitting the economy. A major Fed rate hike risks deflation — Elon Musk (@elonmusk) September 9, 2022 Last year, Musk predicted that the U.S. would enter a recession. If history is any...
