In an essay, Atlanta Fed President Raphael Bostic anticipates that gradual slowdown in the labor market and overall economic activity will lead to inflation decreasing to the target level of 2% by 2025, or slightly later. Bostic mentioned that instead of maintaining the federal funds rate until the inflation target is achieved, he would prefer […]
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Nice doggie. An image of a dog posted on social media on June 27 set shares of online pet product company Chewy (CHWY) running wild for a short time. Meme stock maven Keith Gill, also Read more…
If you’ve ever tried to switch your phone carrier, but found that the phone that you paid for has been locked by your previous phone provider, you may find comfort in knowing that those days Read more…
Yen remained in the spotlight last week, dominating headlines even as some significant global inflation data also moved markets. The Japanese currency continued its downtrend, reaching multi-decade lows. Despite the prolonged decline, Japanese authorities refrained Read more…