Mutual Fund or Bank deposit ?
New York Federal Reserve President John Williams said Tuesday he expects the U.S. economy to avoid recession even as he sees the need for significantly higher interest rates to control inflation."A recession is not my base case right now," Williams told CNBC's Steve Liesman during a live "Squawk Box"
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Indian banks might witness growth in net interest margins (NIMs) in the current financial year (FY23), revealed a report by Moody’s Investor Service on Monday. NIM is the difference between the interest income earned and the interest paid by a bank to its interest-earning assets. The widening of these margins can
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Investors who are "apathetic" or negative toward banks will change their stance in the year's second half, according to RBC Capital Markets' top banking analyst.Gerard Cassidy predicts bullishness will make a comeback due to strong revenue growth and optimism surrounding credit."You can really see people coming back to [bank]
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Oil prices sold off over the past days, dropping below USD 110 from above USD 125 mid-June. Recession fears have their grip on markets, but the mood swing is rather one of ebbing optimism than swelling pessimism. We struggle to see lasting scarcity. Russian oil still finds its buyers
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Jerome Powell, chairman of the US Federal Reserve, arrives to a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Wednesday, June 22, 2022.Ting Shen | Bloomberg | Getty ImagesFederal Reserve Chairman Jerome Powell told congressional lawmakers Wednesday that the central bank is determined to
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The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., June 14, 2022.Sarah Silbiger | ReutersAfter years of being a beacon for financial markets, the Federal Reserve suddenly finds itself second-guessed as it tries to navigate the economy through a wicked bout of
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U.S. Federal Reserve Board Chairman Jerome Powell takes questions after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflation, during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, June
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Federal Reserve Board Chairman Jerome Powell speaks to reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflation, during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S.,
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Federal Reserve Chairman Jerome Powell's insistence that the central bank is not deliberately trying to cause a recession and that the economy is on solid footing is exactly what someone in his position would be expected to say.The trouble is, the Fed's likely to get a recession anyway as
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South_agency | E+ | Getty ImagesMore than a third of high-earning American workers feel strapped for cash — a share that has risen dramatically in recent years.Thirty-six percent of U.S. employees with salaries of $100,000 or more are living paycheck to paycheck — twice as many who said they
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