Federal Reserve officials will release their first economic projections of the year on Wednesday, alongside their interest rate decision, reflecting uncertainty amid President Trump’s trade war and policy agenda. The dot plot, showing interest rate estimates through 2027, will be closely watched for hints on future policy direction, with concerns about inflation, growth, and the potential impact of Trump’s policies. Despite fears of resurgent inflation and slowing growth, economists do not anticipate a recession given the economy’s strong foundation.
Full Article
1 Top Dow Dividend Stock to Buy for Passive Income in June
The Dow Jones Industrial Average tracks 30 large, publicly traded blue chip stocks, which are known for being lower-risk and often paying dividends, making them suitable for those seeking reliable income. Among these, Verizon (NYSE: VZ) stands out with a high dividend yield of over 6%, significantly exceeding the average yield of less than 2% for Dow stocks, positioning it as an ideal choice for passive income this month. This makes Verizon a compelling option...
Read more