Wealth managers say plain-vanilla arbitrage funds, liquid ETFs, and overnight or liquid funds are the best bets through the rough ride, garnering 6-7% annualised returns, and giving savers the flexibility to move to equities when the tide turns.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation