Two more Fed rate hikes seen in current cycle
DBS Group Research’s Taimur Baig says the Fed could raise rates two more times—once this year and again in early 2027—after the September unanimous rate increase.
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Wealthfront reports Q2 revenue of $91.9 million
Wealthfront said fiscal second-quarter revenue rose 1% year over year to $91.9 million. It also said total platform assets increased 12% to $99 billion and investment advisory assets rose 30% to $54.1 billion.