The economy is currently facing several economic headwinds from congressional gridlock, ongoing wars with Israel-Hamas and Ukraine-Russia, and mortgage rates...
The economy is currently facing several economic headwinds from congressional gridlock, ongoing wars with Israel-Hamas and Ukraine-Russia, and mortgage rates reaching historic highs. Many investors are worried that these signal an oncoming recession for 2024. Meredith Whitney, Founder & CEO of Meredith Whitney LLC joins Yahoo Finance to discuss why she believes this will not happen.
A court artist covering Trump's trial had the perfect response to a Fox commentator calling her work a 'travesty' OTTAWA -Canadian market participants expect the Bank of Canada to start cutting its key policy rate from a 22-year high of 5.00% in April 2024, a month later than the previous forecast, according to a survey released by the central bank on Monday. The survey showed a median of 27 financial participants expect interest rates to drop to 4.00% in the fourth quarter of 2024, up from an expectation of 3.50% in the previous survey released in July. The survey was conducted from Sept.
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