Hints and tips:
...While the Fed may not be ready to hint at a policy shift, Constance Hunter at MacroPolicy Perspectives said officials would be flexible as they approached the next stage of their battle against inflation...
...Even if the Fed appears to be in a more comfortable place in its battle against inflation, economists warn that the coast is not entirely clear....
...“Tourists would be pretty disappointed if all the stalls were uniform,” said Jérôme Callais, the head of a bouquinistes association, adding the stands were part of the “poetry” of Paris that attracted painters...
...Powell reiterated his defence of the Federal Reserve’s recent decision to forgo an interest rate rise at a high-stakes congressional hearing on Wednesday, but signalled further tightening as he said the battle...
...Benchmark UK borrowing costs surged to their highest level since 2008 this week as stronger-than-expected wage data raised fears that the Bank of England’s battle against inflation has not yet been won....
...It made national and international headlines; a household name locked in a planning battle over the nation’s best-known shopping street....
...Marauding fighters on camels, horses and trucks pillaged the city following battles between the Sudanese armed forces and the paramilitary Rapid Support Forces....
...More unsettlingly, however, the central bank’s battle against high inflation appears far from over....
...But rising interest rates, which expand investors’ risk-free alternatives, and an expensive battle for talent are taking their toll....
...(Axiom Alternative Investments’ Jérôme Legras’s Alphaville provides a helpful explainer.)...
...He emphasised that the Fed’s decisive battle will be in the last category. Crucially, he believes these prices are tightly linked to the labour market....
...Powell on Tuesday said central bank independence was particularly important if the Fed was to succeed in its battle to tame inflation, which is still running at multi-decade highs....
...Rio Tinto has named former General Electric chief Jérôme Pécresse to lead its aluminium business, succeeding Ivan Vella....
...Abu Dhabi Investment Authority has promoted Jerome Mourgue d’Algue to sole head of private equity following the departure of his co-head Sherwood Dodge, per Bloomberg....
...In Japan, for example, companies ranging from Italian luxury outerwear maker Moncler to Belgian mail service Bpost have accessed the archetypal Mrs Watanabe through a POWL (no relation to Jerome) — a public...
...raised its benchmark policy rate by half a percentage point and signalled its intention to keep squeezing the US economy next year, as central banks on both sides of the Atlantic enter a new phase in the battle...
...Instead, policymakers were wrongfooted as they continued to fight the last battle....
...Or, to put it another way, Powell is not just waging a battle in the markets, but also with consumers’ minds. And that second fight is becoming increasingly challenging....
...The battle is shaping up to be a test of Macron’s reformist credentials during his second term....
...Land’s End CEO Jerome Griffith said it could carry over some basic spring and summer items but for more fashion-oriented items “we want to take advantage of the promotional activity out there”....
...The “time occupied in bringing a big cricket match to a conclusion”, as Jerome Flannery, compiler of The American Cricket Annual for 1881, put it, became a drawback in a country where the “leisure class...
...The line-up includes Los Angeles lawyer E Randol Schoenberg, who worked on the legal battle over a portrait of Adele Bloch-Bauer by Gustav Klimt (depicted in the 2015 film Woman in Gold)....
...(Charging into battle in Persia without his military armour did not help his quest.)...
Stocks rise after US central bank announces quicker ‘taper’ of bond purchases as it battles soaring prices
...Andrew Park, a policy analyst at Americans for Financial Reform who participated in the PWG meetings, thinks this would only lead to an interminable legal battle....
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