Bank of Japan Governor Kazuo Ueda on Saturday said inflation remains lower than the central bank’s goal, explaining why officials are continuing with their current monetary-policy strategy.

Beating inflation will probably require one more U.S. interest-rate hike and then going on hold for “a while,” Cleveland Federal Reserve Bank Loretta Mester said on Saturday, adding that she may reassess her earlier view that rate cuts could start in late 2024.

Even in a digital age, sales of the classic writing instrument have held steady and are projected to grow at an annual rate of 7.7% through 2028.

‘We believe that long-term interest rates can continue to rise substantially from current levels,’ says hedge-fund manager Bill Ackman.

The gap in retirement-account balances between middle- and high-income older households in the U.S. more than doubled from 2007 to 2019.

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“We travel a lot, eat at nice restaurants and essentially buy what we want.”

The current pullback is just a healthy correction in a bull market.