Federal Reserve officials decided to maintain interest rates at 4.25% to 4.5%, with potential future cuts later in the year, citing the need for clarity on economic plans including tariffs. Fed chair Jerome Powell emphasized the need for patience and adaptation during a press conference, while predicting higher unemployment and slower economic growth in 2020. Despite expectations for no change, experts noted the Fed’s cautious approach amidst uncertainty surrounding trade policies and inflation effects, with future rate movements dependent on economic developments in the next three months.
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2 Magnificent Dividend Stocks to Buy in June
Dividend stocks can serve as a valuable strategy to counteract market volatility, as they provide regular cash deposits that can foster optimism about one's financial future, despite potential dips in value. For those considering enhancing their portfolio with dependable dividend payers, two industry-leading companies are highlighted as options that may offer long-term financial benefits. Investing in these stocks could potentially yield consistent income throughout your lifetime, making them an attractive choice for investors seeking stability....
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