Bostic: The Federal Reserve needs to continue focusing on inflation issues
ChainCatcher news, according to Golden Ten Data, Federal Reserve's Bostic stated that even with continuously improving productivity, the Federal Reserve still needs to keep a close eye on inflation issues. He pointed out that responses to short-term problems may lead to bigger issues in the long run.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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