and Chair Jerome Powell's press conference. Vanguard Global Head of Portfolio Construction Roger Aliaga-Diaz joins Yahoo Finance to comment on the biggest challenges on the Fed's horizon whenever it starts to cut rates in 2024.
"With higher growth this time comes higher inflation. So whether we're going to have that tailwind... is still yet to come," Aliaga-Diaz says."In our view, inflation will remain stubborn. We think the Fed has more revisions to do in terms of the rate cuts and we feel it will be very difficult for them to get through that first cut unless the inflation picture really starts moving downward.
The California-based company said the stock split was subject to shareholder approval at its upcoming annual meeting on June 6. If approved, shareholders of record as of June 18 will get 49 additional shares for each share held. The shares are expected to begin trading on a post-split basis at market open on June 26, in what the company described would be one of the biggest stock splits in New York Stock Exchange history.
Things are about to start looking up for U.S. airlines as cost pressures ease and margins improve later this year. But only select stocks will benefit.Boeing Might Sell Part of Its Defense Business. Here’s What That Could Mean.3 Stocks You Can Confidently Invest $500 in Right Now Are you looking for stocks that you can confidently invest in right now? Here are my five top picks! The post 3 Stocks You Can Confidently Invest $500 in Right Now appeared first on The Motley Fool Canada.CP Rail and another top Canadian stock would make great buys with one's first $1,000. The post Got $1,000? 2 Best Stocks to Buy Right Now appeared first on The Motley Fool Canada.
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