Inflation may be here to stay. Catch up on that and more with our weekend reads:
Do you remember all the times Federal Reserve Chairman Jerome Powell was quoted as saying inflation in the U.S. was “transitory”? With the Fed now ready to fight inflation, the bond market has quickly priced in a period of tighter monetary policy by nearly doubling the yield on 10-year U.S. Treasury notes TMUBMUSD10Y, 2.895% to 2.94% from 1.51% at the end of 2021.
Why inflation may be here to stay Inflation is driven by demand, not supply constraints, according to Jason Furman, a professor of the practice of economic policy at Harvard University’s John F. Kennedy School of Government. Brush also interviews Wall Street veteran Bob Doll, who names 12 stocks he favors in what he expects to be a trader’s market.
With fierce competition among so many streaming services, the Netflix drop and the announcement that CNN+ will shut down only a month after its launch, Andrew Keshner questions whether the streaming industry has hit its peak.Your metaverse doctor will see you now Some veterans of the music industry have been making use of virtual reality to promote entertainment or gaming services. But Arabian Prince, a member of the rap group N.W.A.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chicago Fed President Charles Evans to Retire in Early 2023The Federal Reserve Bank of Chicago announced Thursday Charles Evans, president and chief executive officer, will retire from his position in early 2023.
Read more »
Treasury yields rise ahead of remarks by Fed's PowellTreasury yields rise Thursday as investors await remarks by Federal Reserve Chairman Jerome Powell.
Read more »
XREX taps former Federal Reserve official as director of risk managementMichael Shing is another example of the slew of former regulators and public officials being snapped up by crypto firms.
Read more »
Colorado’s bears are coming out of hibernation. Time to put those bird feeders away, wildlife officials say.Colorado Parks and Wildlife has received reports of bear activity in 14 different Colorado counties this year as the animals start coming out of winter hibernation.
Read more »
Things to Do: Flower Markets, Ice Cream, and Art Exhibit OpeningsLast-minute weekend ideas: 💐 Flower markets 🍦 Ice cream 🖼️ Art exhibit openings
Read more »
Goldman Sachs forecasts 35% chance of a recession in next 2 yearsThe Federal Reserve may inadvertently trigger an economic recession next year as it moves to tame the hottest inflation in four decades, according to Goldman Sachs economists.
Read more »