Federal Reserve Governor Adriana Kugler expressed concern about the persistence of inflation and the recent acceleration of inflation expectations, which could lead to higher prices and impact economic activity. She emphasized the importance of anchoring inflation expectations and suggested that the Fed should keep interest rates steady for some time to address inflation risks. Kugler also discussed uncertainty surrounding potential tariffs and their impact on prices, highlighting the need for monitoring inflation and considering policy implications on interest rates.
Full Article
Meteorite that ripped through Georgia homeowner’s roof is 20 million years older than Earth, scientist says
A meteorite that struck a home in Georgia on June 26 is estimated to be 4.56 billion years old, predating Earth by about 20 million years. The meteor, which created a loud explosion and left behind fragments, is proposed to be named the McDonough Meteorite, marking it as the 27th meteorite recovered in Georgia. Want More Context? 🔎
Read more