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BEIJING Top Chinese panel supplier BOE Technology Group said Tuesday it will build a 63 billion yuan ($8.84 billion) production facility ....
In an interview with Chroniclelive on Monday, Bank of England (BoE) Governor Andrew Bailey said that “bringing inflation down to 2% will be hard work.” “A lot of inflation's recent decline is due to the unwinding of energy cost surge,” Bailey added. ....
The Bank of England’s reliance on “inadequate” forecasting models and a lack of intellectual diversity within its most senior ranks contributed to inflation sticking at among the highest levels in decades, a Lords report has found. In a report critical of Threadneedle Street, the powerful Lords economic affairs committee said the central bank had made “errors” in its handling of the inflation shock triggered after the Covid pandemic and Russia’s invasion of Ukraine. – Guardian ....
US GDP, inflation, and jobless claims to come this week BoE Governor Bailey insists no rate cuts for the "foreseeable future" GBPUSD losing momentum at ....