Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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The Fed could be on the verge of making a big mistake
Federal Reserve officials have spoken in such hawkish unity in recent days that financial markets raced to price in a March interest rate hike, until recently viewed as a low probability event. Wall Street was most swayed by a tone of optimism from New York Fed President William Dudley, whose permanent vote on the policy-setting Federal Open Market Committee fuels the perception of greater influence at the table. "I think the case for monetary policy tightening has become a lot more compelling," Dudley, a former Goldman Sachs partner, told CNN in a February 28 interview. Dudley did not give a specific time for the ... (full story)
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Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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