Tag Archives: goal

History says the Fed can’t meet its inflation goal without a recession

History says the Fed can’t meet its inflation goal without a recession

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 16, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with Yahoo Finance App. Forget about a soft landing in 2023. Should the Fed achieve its goal of reducing inflation, it’s all but guaranteeing a punishing… Source link

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Fed won’t meet inflation goal without ‘deep, job-destroying recession’

Fed won’t meet inflation goal without ‘deep, job-destroying recession’

Hedge fund manager Bill Ackman believes the Federal Reserve’s 2% inflation target is unattainable without severe pain for the U.S. economy. The Pershing Square Capital founder and CEO said in a tweet Wednesday it would take a “deep, job-destroying recession” for inflation to return to that level, which marks the U.S. central bank’s long-term price stability goal. “Even if it gets back to 2%, it won’t remain stable there for the long term,” Ackman said in a tweet Wednesday after… Source link

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Broncos’ Nathaniel Hackett says he was fine with his call to try 64-yard field goal

Broncos’ Nathaniel Hackett says he was fine with his call to try 64-yard field goal

Nathaniel Hackett was in his first game as an NFL head coach. It’s a big moment. On Monday night, he made some decisions that just about everyone is questioning. Hackett made two questionable calls in the final minute that cost the Denver Broncos a chance to beat the Seattle Seahawks. Nobody seemed to agree with what the Broncos did. It started when Javonte Williams was tackled on a 9-yard gain, setting up fourth-and-5 at Seattle’s 46-yard line. The Broncos had three timeouts and 1:04 left on… Source link

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Jaguars cut rookie kicker after 1 of his 3 field goal misses hit ex-Cowboys coach

Jaguars cut rookie kicker after 1 of his 3 field goal misses hit ex-Cowboys coach

Undrafted free agent kicker Andrew Mevis hasn’t had a great start to his NFL career. Four days into his first training camp, Mevis was cut by the Jacksonville Jaguars after missing three field goals during the team’s Thursday warm-ups, according to ESPN’s Michael DiRocco. One of those field goals reportedly missed its mark so badly that it hit former Dallas Cowboys head coach Dave Campo in the shoulder, and the other two weren’t even close to the goalposts. Campo, 75, was an assistant coach… Source link

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Google LIMoE – A Step Towards Goal Of A Single AI

Google LIMoE – A Step Towards Goal Of A Single AI

Google announced a new technology called LIMoE that it says represents a step toward reaching Google’s goal of an AI architecture called Pathways. Pathways is an AI architecture that is a single model that can learn to do multiple tasks that are currently accomplished by employing multiple algorithms. LIMoE is an acronym that stands for Learning Multiple Modalities with One Sparse Mixture-of-Experts Model. It’s a model that processes vision and text together. While there are other… Source link

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‘The goal is to make them less and less effective’

Facebook parent Meta (FB) is taking on Russian propaganda by removing groups and users that share it on the company’s social networks. But that doesn’t mean Meta will ever be completely rid of it. “One of the fundamental truths of security is that the bad guys keep trying, and we know they’ll keep trying,” Nathaniel Gleicher, head of security policy at Meta, told Yahoo Finance on Monday. “The goal is to make them less and less effective.” On Monday, Meta announced that it knocked… Source link

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U.S. hits Biden’s 70% vaccine goal as holdouts in hot spots like Florida and Louisiana rush to get shots

On Monday, the hypercontagious Delta variant finally did what Joe Biden couldn’t: convinced 70 percent of U.S. adults to get vaccinated against COVID-19. Biden originally aimed to administer at least one vaccine dose to 70 percent of Americans 18 and older by July 4. But widespread vaccine hesitancy — particularly in conservative parts of the country — prevented the U.S. from meeting his deadline. Now Delta appears to be breaking down some of that resistance. A health care worker prepares… Source link

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Google health chief David Feinberg: ‘global impact’ is goal

Google is going after the health sector in a major way, but Google’s health vice president said he’s feeling more pressure to bringits health products to Google-sized scale than to bring immediate revenue to the company. David Feinberg, who joined Google in a newly-created role as VP of health two years ago, said several times Wednesday that he feels pressure to bring products to scale but that revenue isn’t a part of most of his discussions with Google higher-ups. “The real pressure is ‘is… Source link

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Offering free childcare and beer, Biden makes renewed push for July 4 vaccination goal

WASHINGTON — With just over a month left for the White House to reach its goal of having 70 percent of Americans either fully or partially vaccinated by the July 4 holiday, President Biden announced new measures to galvanize the nationwide inoculation effort. June will be a “national month of action,” the president said, with some pharmacies remaining open all night on Fridays to administer shots and childcare centers waiving fees for parents going for their vaccinations. “America is… Source link

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