Fed Can’t Reach 2% Inflation Without Crushing Economy, El-Erian Says — Stable inflation rate should be 3-4%, El-Erian told Bloomberg — The Fed is unlikely to change its goal post, he said (Bloomberg)

The Federal Reserve won’t be able to get US inflation down to its 2% target without “crushing the economy,” economist Mohamed El-Erian warned on Friday, but he said the central bank is unlikely to officially change that goal post. “You …

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Finland ready for NATO without Sweden

Finland is ready to join NATO without Sweden, writes the Finnish newspaper Iltalehti. The newspaper refers to sources within Finnish foreign and security policy. – We are a border neighbor with Russia. Sweden’s geopolitical situation is completely different from ours, …

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