Banking Turmoil Intensifies the Need for Better Fed Policymaking
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BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Can shame make you a better person?
Confucius and other ancient Chinese philosophers believed the feeling isn’t all bad – and can lead you toward your best self. What was the last thing that you felt shame about? Perhaps you couldn’t afford a new outfit for your friend’s wedding, ...The Guardian - World -
Simone Biles is stepping into the Olympic spotlight again. She is better prepared for the pressure
Gymnastics star Simone Biles says she is better equipped to handle the challenges that await as she prepares for a third OlympicsABC News - Sports -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business -
China Regulators to Discuss Property Aid With Banks Friday
Yahoo News - World - China -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Gold Edges Higher, Supported by Fed Rate-Cut Hopes
Gold edged higher in early Asian trade, supported by hopes for Fed rate cuts which would enhance the allure of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
Oil Edges Higher, Aided by Fed Rate-Cut Prospects
Oil edged higher in early trade, aided by prospects of Fed rate cuts which would help support the U.S. economy and energy demand.The Wall Street Journal - World - Federal Reserve