Bloomberg Business

Sweden Signals It May Have to Follow Finland on Path to NATO

Sweden’s Prime Minister Ulf Kristersson signaled the Nordic nation was preparing for the possibility of joining NATO after neighboring Finland, following comments from the defense alliance’s chief that a joint entry “isn’t the main question.”

El-Erian, Rogoff Say It’s Too Late to Fix Too-Low Inflation Target

Wall Street’s reaction to Tuesday’s consumer-price index shows investors are realizing inflation is likely to remain higher than the Federal Reserve’s goal for longer. Two heavyweight market voices say the 2% target is part of the problem.

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