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Federal Reserve Bank of Kansas City President Jeff Schmid said he remained focused on elevated inflation and officials should make it clear they’re willing to do what is needed to achieve price stability.
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S&P 500 set to gain for a ninth straight week as AI trade powers on.
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Seema Shah, Principal Asset Management, Chief Global Strategist; Aditi Venkatram, Jefferies, Equity Capital Markets Managing Director; Nate Soares, Machine Intelligence Research Institute, President & Author, ‘If Anyon
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Italy’s economy grew more than initially estimated at the start of 2026, keeping up momentum from last year before the shock of the Iran war impacted growth.
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Australian Deputy Prime Minister Richard Marles says his country spends a larger share of its GDP on the military than major European nations. He speaks with Haslinda Amin from the sidelines of the Shangri-La Dialogue. (Source: Bloomberg)
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The Bank of England could temporarily tolerate inflation staying above its 2% target in order to support the UK’s weak economy, Governor Andrew Bailey said, so long as second-round price effects do not emerge. “Given the context of softness in the real economy and uncertainty around the scale and duration of the shock, tolerating temporarily above-target inflation to provide some support for the real economy is an appropriate way to approach the trade-off,” Bailey said at an economic conference
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