News list for " financial advisor"

DeVere Group CEO: The Federal Reserve must take bold action to prepare for the upcoming economic storm

Nigel Green, chief executive of deVere Group, one of the world's largest independent financial advisers and asset managers, warned that the Federal Reserve must take bold action by cutting interest rates by an unusually large 50 basis points in September to prepare for the coming economic storm. Nigel Green said that interest rates are currently at a high level in more than 20 years and there is no room for hesitation. A 25 basis point rate cut may mark a change in direction, but it is not to av...

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2024-08-15 09:32:11
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