Federal Reserve Chair Jerome Powell indicated support for a slower pace of interest rate cuts, citing a stronger-than-expected U.S. economy. While some officials lean towards another cut, Powell’s cautious stance aligns with others who prefer to wait for more data on inflation and employment before deciding.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,