US Fed seeks to calm inflation fears, world stocks up
Updated / Friday, 14 May 2021
10:00
US Federal Reserve officials said there would be no imminent move to tighten monetary policy in the world s biggest economy
Stock markets across the world have been taking a bit of a hammering this week, amid worries that US inflation is set to rise.
While global stocks edged higher today after US Federal Reserve officials said there would be no imminent move to tighten monetary policy in the world s biggest economy, investors remain fearful that central banks will increase interest rates if prices continue to overheat.
If that does happen, investors will move from shares to less risky assets like bonds.
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New tax, government change: Here s what Beaufort Co. is considering bringing to voters
The Island Packet 2 hrs ago Kacen Bayless, The Island Packet (Hilton Head Island, S.C.)
Apr. 21 Beaufort County wants to ask the county s voters to decide two major proposals this November, as well as a new transportation tax in 2022.
The two issues proposed for this year a change in the county s form of government and a new tax would be placed on the Nov. 2 ballot if approved by council. They come as the County Council grapples with how to handle disagreements with, and harassment allegations against, its county auditor and as local municipal leaders lobby for a new countywide sales tax.