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post: FED'S BOSTIC: THE LAST COUPLE OF INFLATION NUMBERS SUGGEST IT'S GOING BACK TO 2%, BUT GOING SLOW. post: FED'S BOSTIC: THE POST-PANDEMIC ECONOMY MAY BE LESS SENSITIVE TO RATES. post: FED'S BOSTIC: HOUSEHOLDS AND HOMEOWNERS HAVE LOCKED IN LOW RATES, THIS LIMITS THE SENSITIVITY OF THE ECONOMY TO FED POLICY RATE HIKES. post: Fed’s Bostic: We’re Not Going to Talk About Moving the Fed’s Inflation Goal Until We Get to 2% post: FED'S BOSTIC: ON RATES, IT IS IMPORTANT TO MOVE IN ONE DIRECTION ONLY
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As Archegos Capital Management cratered in March 2021, it began trying to pull excess cash from trading accounts across Wall Street. At the time, it had about $470 million with Goldman Sachs Group Inc. But instead of withdrawing the money, an Archegos staffer accidentally wired that amount to Goldman, and the bank didn’t immediately give it back. That left ...
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