Cleveland Fed President Beth Hammack, a voting member this year, said policy may not be restrictive enough to bring inflation to 2%.
Source link
Hammack Says Fed May Need to Respond if Inflation Persists
Elon Musk’s SpaceX aims to go public on June 12, bond yields hit the highest level in more than a year, and tips for buying a good used EV. Read more in today’s What’s News newsletter:
Plus, bond yields hit the highest level in more than a year, and tips for buying a good used EV. Source link
Ireland’s Foreign Investment Chief Sees Inflows Holding Up Despite Headwinds
As one of the main beneficiaries of globalization, Ireland continues to pin its hopes on attracting foreign businesses. Source link
India Asks Locals to Pause Gold Buying in Bid to Shore Up FX Defenses
Prime Minister Modi asked citizens to avoid buying gold jewelry for functions, coming as the country’s appetite for the precious metal continues to drive foreign-currency […]