Boe Likely to Flag Future Rate Cuts As Divided Policy Committee Meets
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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 -
Morehouse students divided over Biden Israel policy ahead of president's commencement speech
President Biden is set to deliver the commencement speech at Morehouse College this weekend. The well-known historically Black college for men has seen protests over the war in Gaza, but students are divided over the president's Israel policy and ...CBS News - Top stories - Joe Biden -
Insults fly during House Oversight Committee meeting
A hearing that was supposed to center around a resolution about Attorney General Merrick Garland devolved into chaos and personal attacks starting with Rep. Marjorie Taylor Greene insulting Rep. Jasmine Crockett’s eyelashes.NBC News - Politics -
ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
Dollar rally falters as falling inflation raises hopes of rate cuts
US currency on track for first negative month of the year after end to months of above-forecast CPI dataFinancial Times - Business -
Meet the AI-Powered Campaign Builder for People Who Don't Like Marketing
Don't know what 'omnichannel' means? A novel marketing tool from Constant Contact could be your new best friend.Inc. - Business -
Body shaming, IQ insults and cross talk: House committee meeting devolves into chaos
A fiery exchange between Reps. Marjorie Taylor Greene and Jasmine Crockett leads to chaos in the House Oversight Committee.NBC News - Top stories