Revisiting and Revising Look, central bankers are people, too – and everyone deserves a vacation. This week, officials from the Federal Reserve and global central banks will meet in Jackson Hole, WY, for the Kansas City Fed’s annual economic symposium from August 22 to 24. Of course, economists have a different idea from you and…Read more
Beware of scams! Do not provide bank, credit card, investment, insurance and MPF account or other key personal information via hyperlinks embedded in suspicious messages purported to be coming from our institution! SoFi Hong Kong will not send any instant electronic messages (e.g. SMS, WhatsApp, WeChat, etc) to members with embedded hyperlinks to acquire bank,…Read more
In July, the annual rate of inflation rose by just 2.9%, according to the Bureau of Labor Statistics’ Consumer Price Index (CPI). That’s a big win for the U.S. economy, marking the first time that the rate has dipped below 3% since 2021. In the wake of the pandemic, inflation surged, peaking at more than…Read more
