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    The British pound is moving in negative territory due to bleak economic expectations

    British Pound Loses Ground as Economic Outlook Dims On Tuesday, the British pound fell to its lowest level in two years as investors grew increasingly concerned about the UK economy. The pound has been under pressure in recent months due to a number of factors, including rising inflation...
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    BlackRock's CEO expects more rate hikes as inflation persists

    BlackRock CEO Expects More Rate Hikes as Inflation Persists May 31, 2023 Larry Fink, CEO of BlackRock, the world's largest asset manager, said on Wednesday that he expects the Federal Reserve to continue raising interest rates in an effort to combat inflation. "Inflation remains sticky," Fink...
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    The Federal Reserve has increased rates by a quarter point and signaled the possibility of an end to future hikes, reflecting the central bank

    Credit to: On Wednesday, the Federal Reserve announced that it would raise interest rates by a quarter of a point and signaled a potential end to future hikes. The decision came amid concerns about U.S. economic fragility and over the objections of some lawmakers...