Cryptogbn

Bloomberg

Mnuchin Talks Semiannual Reporting, AI and Fed Rates

Steven Mnuchin, founder of Liberty Strategic Capital and former US Treasury Secretary, says he supports the proposal released by the Securities and Exchange Commission that will allow US companies to choose to report earnings semiannually. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Mnuchin also comments on the economic impact of AI, the conflict in Iran, the federal budget deficit and Federal Reserve monetary policy.

Read more
Bloomberg

Federal Reserve Expected to Hold Rates

Federal Reserve officials are expected to leave interest rates unchanged on Wednesday, holding the benchmark rate in a range of 3.5% to 3.75% for a third consecutive meeting. Investors will be looking for clues about how long the Fed is willing to maintain its patient posture, as well as what Chair Jerome Powell says about his future at the central bank. Bloomberg's Jill Disis reports.

Read more

Connect with us

Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relate to your unique circumstances.

Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of or reliance on the information provided directly or indirectly, by use of this platform.