Even as the Bank of England predicts a recession, it is prioritizing taming inflation over stimulating growth, explains jonsindreu WSJWhatsNow
The Bank of England’s willingness to raise rates aggressively, even as it predicts a recession, underlines how reacting to inflation trumps stimulating growth
Now that Boris Johnson has bid “hasta la vista, baby,” the two Conservative Party contenders to replace him as U.K. prime minister – Liz Truss and Rishi Sunak – are clashing on issues such as taxes, rising inflation and climate change, offering up different solutions to problems affecting countries around the world. Photo composite: Daniel OrtonNot even a floundering economy will stop central bankers from prioritizing their inflation mandates.by 0.5 percentage point to 1.
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Nigerian Currency Recovers Versus US Dollar — Central Bank Says Importers Must Repatriate Forex Earnings – Economics Bitcoin NewsAccording to Egboagwu Ezulu, each time billions of dollars are spirited out of the economy, this inevitably leads to increased pressure against the naira. remittance foreigncurrency
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Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real – News Bitcoin NewsFabio Araujo, Director of the Central Bank of Brazil, praised the properties of Bitcoin, saying it is a financial innovation using new tech.
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Long-lost Banksy painting sprayed in 2007 in West Bank resurfaces in Tel Aviv art galleryA long-lost painting by the British graffiti artist Banksy has resurfaced in a swank art gallery in downtown Tel Aviv. It now stands an hour's drive and a world away from the concrete wall in the occupied West Bank where it was initially sprayed.
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Long-lost Banksy painting sprayed in 2007 in West Bank resurfaces in Tel Aviv art galleryA long-lost painting by the British graffiti artist Banksy has resurfaced in a swank art gallery in downtown Tel Aviv. It now stands an hour's drive and a world away from the concrete wall in the occupied West Bank where it was initially sprayed.
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