When it comes to reading the Federal Reserve tea leaves, UBS analysts don’t foresee another rate hike coming out of the June FOMC meeting June 13-14. Instead, the firm expects the agency’s so-called dots (referring to interest rate target ranges) to be revised up for 2023 and 2024. “We do not expect Chair Powell to pre-commit to raising rates in July, but we expect a majority…
Tampa-based insurer Slide is set to take over as many as 25,000 homeowners policies from Citizens Property Insurance Corp. — a move to relieve the bloated, state-backed insurer that experts say could cost consumers.Why it matters: Floridians are already on the hook for the nation's highest average premium at nearly $6,000 a year, and experts said thrusting more consumers into the…
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