Raffles Financial Group Secures Asset Transfer
Raffles Financial forms JV to start Raffles Financial Americas
Raffles Financial (OTCPK:RAFFF) has entered into a joint venture agreement with Mr. Nick Standish, Canadian entrepreneur and businessman, to form Raffles Financial Americas Pte Ltd to serve clients ba
The Fed's Bullard: Policymakers Can't Expect High Inflation to Dispel
James Bulllard, Governor of the US Federal Reserve Bank of St. Louis, said that the inflation rate is rising at the fastest rate in 30 years. Although there is a certain possibility that it will dissipate in the next six months, the central bank cannot expect this situation to happen. Bullard said he believes the probability that inflation will dissipate and persist is 50%, respectively. Bullard reiterated his hope that the Federal Reserve will begin reducing the size of monthly asset purchases in November and end by the end of the first quarter of next year. Bullard said the growth rate of people infected with the Delta variant virus slowed in the third quarter, but “from an economic perspective
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