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BlackRock 2025 outlook: artificial intelligence boom continues to boost U.S. stocks, Fed is not expected to cut interest rates below 4%
BlackRock, the world's largest asset manager, expects an artificial intelligence boom next year to continue boosting U.S. stocks and supporting broader economic growth, although rising U.S. debt levels could threaten its bullish forecast for 2025. Innovations in artificial intelligence technology could benefit U.S. stocks more than European stocks, the agency said. While U.S. economic growth could cool slightly next year, the Federal Reserve is likely to be unable to cut interest rates significa...
2024-12-05 00:41:35
The Bank of England's dovish suspension, later rate cuts may exceed expectations. Weak U.S. labor force data weighed on the U.S. index and boosted U.S. stocks. But before the CPI data, investors were reluctant to sell the dollar aggressively > >
The Bank of England's dovish suspension, later rate cuts may exceed expectations. Weak U.S. labor force data weighed on the U.S. index and boosted U.S. stocks. But before the CPI data, investors were reluctant to sell the dollar aggressively > >
2024-05-10 20:32:05
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