foresees

By CHRISTOPHER RUGABER (AP Economics Writer) WASHINGTON (AP) — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year. Yet they foresee fewer rate cuts in 2025, and they slightly raised their inflation forecasts. After ending their latest meeting, the officials kept their benchmark rate unchanged for a fifth straight time. In new quarterly projections they issued, the policymakers…

Image Source : GATENOTES Bill Gates Recently, billionaire Bill Gates has said that if we make smart investments now, artificial intelligence (AI) can make the world a more equitable place, by reducing or eliminating the lag time between when the rich world gets an innovation and when the poor world does,. In an official blog post titled ‘The road ahead reaches…

While the world is still on the fence about a 4-fay work week, Microsoft's co-founder Bill Gates has proposed that we should be looking at a three day work, and that it is very easily achievable, thanks to AI While most…

Looking at the promising value of BTC, experts foresee bitcoin replacing fiat money for trading before 2040. Although it is exceedingly impossible to predict the coin’s value thus far in advance, a number of events could significantly alter the structure of the cryptocurrency markets. The digital token Bitcoin really does have the chance to surpass fiat money (global banking) in just under three decades, according to pioneers of the crypto industry.  Further optimistic experts foresee bitcoin replacing fiat money…

Anthony Scaramucci, founder, SkyBridge Capital, explained that Bitcoin will reach $300K in six years Anthony Scaramucci, founder, SkyBridge Capital, is reportedly financing a crypto company that was established by FTX US’ previous president, as reported by Cointelegraph. Skybridge Capital is “pretty optimistic” about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm’s founder explained that the world’s largest cryptocurrency Bitcoin will reach $300K in six years, urging investors to…

Taipei, Leading iPhone manufacturer Foxconn on Tuesday said that despite the global macro-economic factors affecting businesses worldwide, it will have a better than expected full-year performance as supply chain improves in China which is facing Covid lockdowns.In a shareholders' meeting at the company's headquarters in New Taipei City, Young Liu, chairman of Foxconn, raised the company's outlook for the current quarter and the full year, reports Nikkei Asia."We previously forecast this year we would maintain a similar…