The economy is coming off the second strongest growth rate since 1978 in the just completed quarter, and the powerful post-pandemic reopening boost is still unfolding. But the rapid reopening has brought with it a host of problems, highlighting the fact that the road to normalcy is unlikely to be smooth. Thanks to labor shortages and supply-chain disruptions, the nation’s output is not keeping up with demand, resulting in consumer prices that are rising far more quickly than expected. Over the last four months, the consumer price index has increased at the fastest annual rate since the early 1980s. July 2021 Economic and Financial Digest

The Power of Tokenization: Protecting Your Financial Transactions
Banks have always prioritized their customers’ security. With the rise of digital transactions and online shopping, ensuring this security has become more critical than ever.