'50-50' for a June interest rate cut: Macro strategist

Neel Kashkari News

'50-50' for a June interest rate cut: Macro strategist
Minneapolis Federal Reserve BankJohn VelisMarket Domination
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In a speech on Thursday, Minneapolis Federal Reserve Bank President Neel Kashkari claimed that if inflation continues to stall out, then he could foresee no ...

In a speech on Thursday, Minneapolis Federal Reserve Bank President Neel Kashkari claimed that if inflation continues to stall out, then he could foresee no interest rate cuts from the Fed this year. US Equities supplier Foxconn will unveil its sales figures for the month of March. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

Tesla is going through a mini-crisis and CEO Elon Musk seems detached. ”While we were anticipating a bad 1Q , this was an unmitigated disaster,” wrote Wedbush analyst Dan Ives. Tesla delivered just 387,000 units in the first quarter, down almost 9% year over year, missing the lowest Wall Street estimates by some 20,000 vehicles.Bitcoin has failed to consolidate near its record high notched last month. The release of the U.S. jobs report could be a key catalyst.

Warren Buffet has been hovering around the No. 5 spot on Forbes' Real-Time Billionaires list for quite some time now. With a net worth of $139 billion, the "Oracle of Omaha" is one of the most... Buckle up for a bumpy ride in the stock market, BMO Wealth Management’s CIO says. And he’s not the only one sounding the alarm

“The narrative of falling inflation and imminent Fed rate cuts that drove the stock market’s first-quarter gains is wobbling in the second quarter,” Yung-Yu Ma wrote to Fortune.

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