Monso Business Banking. It just works. So you can too. Join businesses like Target

to Wishing by opening a Monso Business account.

What I love about Monso Business account is how easy everything is. It can be filtered,

it can be tagged. We thought we'd have to manage our business around our banks, but that's

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My name is Shun. I am the Founder of Target Trition.

Apply in minutes at Monso.com slash business. To apply you must be a sole trader or director

of a limited company, UK Business is only terms and conditions apply.

US stocks fall after Federal Reserve chaired Jerome Powell, says the central bank could speed

up rate increases. And more details on President Biden's plan to keep Medicare solvent.

This bill done things that the president has proposed before. So it expands existing taxes

that apply to top earners, wages, self-employment income, and investment income.

Plus the right way to brag at work. It's Tuesday, March 7th. I'm Amary for Tolley for the Wall Street

Journal. This is the PM edition of What's News, the top headlines and business stories that

move the world today.

US Federal Reserve chaired Jerome Powell speaking during the first of two days of testimony on Capitol

Hill, said strong and sustained economic activity could prompt the central bank to accelerate

interest rate increases. Although inflation has been moderating in recent months,

the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy.

As I mentioned, the latest economic data have come in stronger than expected,

which suggests that the ultimate level of interest rates is likely to be higher than previously

anticipated. If the totality of the data were to indicate that faster tightening is warranted,

...