BoE Governor Bailey says he is frustrated they are not back at the inflation target
ECB's Rehn sees plenty of geopolitical uncertainty going forward; inflation dynamics have not deanchored. Energy shock has clearly caused stagflation. Decisions to be taken meeting by meeting and will be data dependent
India cuts windfall tax on diesel exports to INR 8.5/ltr (prev. INR 14/ltr) effective July 1st
BoE Governor Bailey says he is frustrated they are not back at the inflation target
Amazon (AMZN) Web Services committed up to USD 50bln to expand AI and supercomputing infrastructure across GovCloud, Secret and Top Secret regions, targeting 1.3 GW of AI capacity for government work loads
Japan, UK, and Italy to extend next-gen fighter jet contract through 2027, Nikkei reports
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- It is important that energy prices are now not much higher than before Iran war.
- We have time to judge the pass through of higher energy prices to the UK economy.
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