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Bank of America's Hartnett: Is Fed's Sharp Rate Cut Counterproductive?

Before the Federal Reserve's interest rate decision was announced, Bank of America's Chief Strategist Michael Hartnett warned that a significant rate cut could lead to a resurgence of inflation risks,...

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Fed's "Non-Recession Rate Cut": Traditional Defenses Fail

Here is the translation of the provided text into English: As the Federal Reserve initiates an easing cycle for the first time in four years, has the stock market's playbook for rate cuts changed?Gen...

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📅 2024-05-02

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Middle East "Tycoons" Pour Money into AI, Investments Soar 5x in a Year

The Middle East is becoming a key force in the field of Silicon Valley artificial intelligence investment.According to CNBC, the newly established AI fund MGX in the UAE hopes to participate in OpenAI...

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Mixed US-EU Stocks; Gold Peaks, Falls; Silver Down 2%; Oil Rises Slightly

Due to concerns over a recession in the US economy and unfavorable seasonal factors, European stock markets were sluggish on Monday after sliding from last month's historical highs, maintaining a narr...

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361 views

US Banks Reap $1T in "Windfall" Amid Fed's High-Rate Era

Last week, the Federal Reserve officially kicked off the interest rate cut cycle with a 50 basis point reduction.As the era of "high interest rates" in the United States draws to a close, some media h...