|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||24.32 - 24.34|
|52 Week Range||24.25 - 24.97|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
Northern Trust announced a reduction in the maximum annual management fee, on the FlexShares iBoxx® 3-Year Target Duration TIPS Index Fund and the FlexShares iBoxx® 5-Year Target Duration TIPS Index Fund, reflecting a continued strategy that focuses on serving the needs of investors and their advisors.
Bostic dealt with various reasons that have been cited as reasons for the lower level of inflation—even questioning the common ones.
Bullard said that the current growth rate in the US economy is likely to remain consistent with recent quarterly growth—near the 2% mark.
In her post-meeting press conference, US Federal Reserve Chair Janet Yellen seemed less worried than expected about the current state of US inflation.
Slow US inflation growth has been a concern for the US Fed and was one of the key reasons that the Fed raised interest rates only twice in 2017.
In its latest monetary policy statement, the Fed admitted it would take longer than expected for inflation to reach its 2.0% target.
Members of the FOMC (Federal Open Market Committee) attributed the recent slowdown in inflation growth to idiosyncratic factors.
UK inflation has hit its highest level in almost three and half years. The UK’s Office for National Statistics said yesterday that the consumer prices index (CPI) rose to 2.3% in February, up from 1.8% a month earlier. It took the rate above the Bank ...