Wednesday, November 3, 2021

Federal Reserve unveils bond-buying 'taper,' holds to 'transitory' inflation belief

The Federal Reserve on Wednesday said it will begin trimming its monthly bond purchases in November with plans to end them in 2022, but held to its belief that high inflation would prove "transitory" and likely not require a fast rise in interest rates.

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Drunk raccoon breaks into liquor store, downs scotch, and passes out in bathroom

In Ashland, Virginia, staff at a liquor store arrived to find smashed whisky bottles and a raccoon passed out in the bathroom after falling ...