Complicate

WASHINGTON—Federal Reserve officials raised concerns at their meeting last month that investors’ optimism that the central bank might end its rate rises could make it more difficult to slow the economy and combat high inflation. Minutes of the gathering, released Wednesday, didn’t shed any light about what might prompt officials to raise rates by another 0.5 point at their meeting next month or to reduce the pace of increases once more, raising them instead by 0.25 point.…

Federal Reserve officials have spent the past two months getting investors acclimatized to their plans to slow economic growth and combat inflation by raising interest rates in half-percentage-point increments until price pressures cool.This coming week’s policy meeting will show whether officials are still comfortable with that approach in light of reports Friday that inflation sizzled in May, hitting a new 40-year high, and that consumers’ longer-term inflation expectations rose to a new 14-year high. The survey measure…

Breadcrumb Trail Links PMN Politics PMN News Author of the article: Article content THE CONVERSATION This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. —— Author: Neal Sondheimer, Associate Professor of Paediatrics and Molecular Genetics, University of Toronto With the rising spectre of the loss of women’s reproductive autonomy in the United…

The nearly nonstop series of new U.S. sanctions being levied in a bid to halt Russia’s war machine have complicated events for companies facing their own external threat: ransomware attacks.The ever-lengthening lists of sanctioned entities pose risks to U.S. companies that want to pay to get their systems back online after an attack, experts said. Ed McNicholas, co-leader of the cybersecurity practice at law firm Ropes & Gray LLP, said ensuring that ransomware payments aren’t going to…