Bank of England Governor Andrew Bailey discusses the central bank’s decision to raise interest rates by 25 basis points and explains how the war in the Middle East is affecting the global inflation outlook.
BoE's Bailey: Energy shock could push UK inflation close to 5%
Bank of England Governor Andrew Bailey discusses the central bank’s decision to raise interest rates by 25 basis points and explains how the war in the Middle East is affecting the global inflation outlook.
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Bond yields surge most in 19 months as traders brace for Fed rate hikes | CNN Business
US Treasuries slumped, pushing yields sharply higher, after hotter-than-expected inflation data and comments from a key Federal Reserve official fueled bets that the central bank would need to deliver more aggressive interest rate hikes to cool inflation.
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Bank of England’s inflation response ‘risks higher interest rates for longer’
Thinktank Niesr says timid rate rise last week likely to make inflation more persistent feature of UK economy
Trump’s Fed nightmare: Rates won’t be slashed. They could surge now
The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
An inflation scare, workers get their fair share, and Nvidia’s billion-dollar affairs : The Indicator from Planet Money
This week’s indicators: Inflation is disturbing, workers are getting their stolen wages back, and NVIDIA ex-CEO’s alleged affairs become a $465 billion business expense. (Woof!)Fact-checking by Tyler Jones.Your Next Listen –The tower of NVIDIA–Over 2,000 episodes in our archive on the NPR AppConnect with The Indicator from Planet Money–The Indicator newsletter — a weekly roundup of news, ideas and staff picks. –Instagram, TikTok and YouTube –Find the Planet Money book –Find the Planet Money game, Sell Me A Sasquatch, and other merch at the NPR Shop!Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org.
Cut government spending to reduce inflation: Big banks’ plea
The CEOs of two of the nation’s largest banks say less government spending will reduce inflationary pressure.
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