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Fed is within ‘striking distance’ of inflation goal, top official says

Federal Reserve President Christopher Waller said he is “increasingly confident that the central bank's annual inflation target of 2% is within range.” Waller said in a speech at the Brookings Institution that the Fed is on track to cut interest rates this year unless inflation accelerates. Inflation topped 9% in June 2022, well above the […]

Official blasts Toronto as the ‘no fun city’ after controversial sledding ban

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