Vanguard’s Giulio Renzi-Ricci says it is likely the Federal Reserve will “have one more cut,” with rates sitting at 4% for the rest of the year, potentially leading to an “upside for the dollar to re-appreciate over the next few months.” He also talks about the artificial intelligence sector, telling Bloomberg Television that AI technology will “move away from tech, into other sectors.” (Source: Bloomberg)
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Dollar Set to Gain as Fed to Cut Once More: Vanguard
