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Also on today's calendar: FREE Chamber Music Palisades Woodwind Quartet Concert and 10 more events.
Today's riddle: What did one wall say to the other? 🤔 (Answer below!)
• Kashkari says broad inflation remains too high for Fed (finance-commerce.com) — Federal Reserve official Neel Kashkari recently spoke at The Beverly Hilton in Beverly Hills, stressing that U.S. inflation remains too high even beyond rising oil prices. His comments, echoing Fed leadership, suggest more interest rate hikes may be ahead, meaning Beverly Hills residents and businesses could face higher borrowing costs as the central bank keeps pressing to reach its 2% inflation target.
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Ok Beverly Hills! So now you're in the loop about what's happening today. Thanks for reading, and see you in your inbox next time! Oh -- and if you like what you're reading, invite a friend to Patch AM!
-- The Patch AM Team
P.S. The answer to today's riddle: I'll meet you at the corner! (Thank you Gary M. for sending it in!)
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