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SoftBank plans to invest up to $30 billion additional capital in OpenAI.
Author: TechFlow
Fed Whisperer: Fed Expected to Pause Rate Cuts; Path to Resuming Cuts Remains Unclear
According to JIN10 Data, Nick Timiraos—the so-called “Fed Whisperer”—reported that Federal Reserve officials are expected this week to hold interest rates steady for the first time since September last year, following three consecutive rate cuts. The key question now is what conditions would prompt the Fed to resume cutting rates. The answer hinges on which risk emerges first: a collapse in the labor market or a significant decline in inflation toward the 2% target. Since the Fed’s December meeting last year, neither scenario has materialized. As a result,…
