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"The Fed has got to get the rate down to 3% — I think that is closer to equilibrium," BlackRock's chief investment officer of global fixed income said.
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The main bets Marko Papic makes for 2026 are a boom in U.S. housing, European equities, a weaker dollar and a surge in industrial commodities.
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A 10% cap on interest rates could mean a big hit to earnings at companies like Capital One and Synchrony. But a Jefferies analyst says it's "highly unlikely" that Trump gets his way.
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With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
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The Federal Reserve is likely to hold interest rates steady when it meets at the end of the month, keeping tensions high with President Trump.
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Bob Weir, Guitarist and Founding Member of The Grateful Dead, Dies at 78 The New York TimesBob Weir, guitarist and founding member of the Grateful Dead, has died at 78 NPRGrateful Dead founding member left behind huge fortune at time of death YahooBob Dylan, Trey Anastasio, John Mayer, and More Remember Bob Weir PitchforkDon Was honors Bob Weir in Ann Arbor: 'His music will never st
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President Trump wants to see a 10 percent cap on interest rates before the end of the month.
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Capital One drops 6%, other banks hit after Trump calls for credit card rate cap CNBCFinancial stocks fall as Trump's credit card rate cap plan rattles investors ReutersSoFi CEO says Trump's proposed credit card cap would drive people to personal loans, and that's good for SoFi Business InsiderTrump Says Credit Card Firms Violate Law If Rates Not Capped Bloomberg.com
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The Trump administration is urging Americans to eat more protein, and corporate brands are on board. But how much is too much?
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Multi-strategy investor Davidson Kempner Capital Management has bolstered its asset-backed private credit fund capital with a more than $1.1bn final close of its sophomore fund in the strategy.
The post Davidson Kempner seals over $1.1bn for second asset-backed private credit fund appeared first on AltAssets Private Equity News.
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