Federal Reserve Chair Jerome Powell will likely play his cards close to his vest this week, and not signal an imminent cut in interest rates.
Investors will be watching the Federal Reserve’s forecasts to see if policy makers still see scope to deliver the equivalent of three quarter-point rate cuts in 2024.
It’s no secret that lots of analysts like tech behemoths like Amazon.com Inc., Microsoft Corp. and Nvidia Corp. amid the AI gold rush. But as of Friday, they liked one just a bit more, at least based on the percentage of ‘buy’ recommendations: Delta Air Lines Inc.
How much is needed for a secure retirement varies by person and situation, but clearly, nothing is not enough.
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