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The Latest Breaking News from Andrew Bailey

Pay growth in Great Britain falls below 5%, making interest rate cut more likely

Gap between wages and inflation narrows in August, as UK unemployment rate dips to 4%

The Guardian - UK

Bank of England chief economist urges caution over interest rate cuts

Huw Pill’s comments come a day after governor Andrew Bailey raised prospect of ‘more aggressive’ cuts

The Guardian - UK

The Guardian view on Andrew Bailey’s aggression: whatever traders think is true becomes fact

Editorial: Balance of payments, interest rates, unemployment and inflation determine short-term currency prices, but they are dwarfed by foreign exchange speculation

The Guardian - UK

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Bank of England could be ‘more aggressive’ with interest rate cuts, says governor

Value of the pound falls as Andrew Bailey signals more rate cuts on the horizon

The Independent UK

Sterling drops after Bank of England boss hints at ‘aggressive’ rate cuts

Pound reacts as Andrew Bailey tells Guardian borrowing costs could fall if inflationary pressures continue to ease

The Guardian - UK

Pound heads for biggest fall in 18 months after Bank of England governor hints at ‘more activist’ rate cuts; Oil hits $77 per barrel – as it happened

Andrew Bailey tells the Guardian the Bank could become a ‘bit more aggressive’ in cutting interest rates if news on inflation continued to be good

The Guardian - UK

‘Very serious’: Bank of England governor warns of Middle East oil shock risk

Exclusive: Andrew Bailey also hints at ‘more aggressive’ path for cutting interest rates if inflation news stays positive

The Guardian - UK

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Missouri death row inmate Marcellus Williams executed despite prosecutor's objection

The US state of Missouri on Tuesday executed death row inmate Marcellus Williams for the 1998 murder of a woman, even though the prosecutor's office that secured his murder conviction 21 years ago expressed doubts about the integrity of the case. The victim's family had pleaded with authorities to spare…

France 24

Missouri executes Marcellus Williams despite prosecutors’ push to overturn conviction

Williams long maintained his innocence and the killing was opposed by victim’s family, jurors and office that tried him

The Guardian - US

Missouri to execute Marcellus Williams despite prosecutors’ objections and innocence claims

Prosecutors raise concerns about lack of evidence as family of victim supports saving Williams from the death penalty

The Guardian - US

Bank of England’s Bailey says he expects interest rates to fall ‘gradually’

Central bank’s governor warns consumers not to expect a return to near-zero rates

The Guardian - UK

OPINION - The one metric where the UK economy beats the US

Money versus job satisfaction. It is the perennial professional quandary, but there may in fact be one exception: central banking. Jerome Powell, chair of the US Federal Reserve, earns $190,000 per year for the privilege of overseeing the greatest economy the world has ever seen. I'm not saying the job…

Evening Standard

Bank Of England Freezes Rate After Jumbo US Cut

The Bank of England on Thursday kept its key interest rate at 5.0 percent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve.

International Business Times

UK interest rates live: Bank of England holds at 5% after shock US Fed cut

Monetary Policy Committee votes to keep rates on hold

The Independent UK

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Top News

Missouri Judge To Hold Evidentiary Hearing On Death Row Inmate

Missouri judge to hold hearing on Marcellus Williams' innocence claim amid legal battle over potential execution and concerns about reliability of informants.

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Reason

Judge Preliminarily Blocks Missouri AG's Enforcement of AG's Investigative Demand Against Media Matters

An excerpt from Media Matters for America v. Bailey, decided Friday by Judge Amit Mehta (D.D.C.); read the full opinion for more: On November 16, 2023, Plaintiff Media Matters for America, Inc., a District of Columbia-based media company, published an article authored by Plaintiff Eric Hananoki reporting that advertisements for…

The Guardian - US

‘Time has come’ for US Federal Reserve to cut interest rates, says Powell

Fed chairman hails progress in battle to bring down inflation, with cut rates starting from September

The Independent UK

Death row inmate expected to be resentenced to life without parole in Missouri

Despite expected resentencing, Marcellus Williams will continue campaign to prove innocence

The Independent UK

Missouri death row inmate with DNA evidence on his side gets last ditch hearing to save his life

Marcellus Williams, 55, was sentenced to death in 2001 for fatally stabbing well-known St. Louis Post-Dispatch reporter Felicia Gayle

The Independent UK

Missouri man makes life-or-death effort to prove innocence before execution scheduled for next month

Testimony begins in a hearing with life-or-death implications for Missouri inmate Marcellus Williams

The Guardian - UK

High stakes at Jackson Hole symposium as Powell surveys US’s rocky prospects

Presidential candidates, bankers and economists will all be keen to hear what the Fed chair foresees for interest rates

The Guardian - UK

Critic of Osborne’s austerity policy joins Bank of England rate committee

Alan Taylor takes three-year term on Bank’s monetary policy committee and replaces Jonathan Haskel

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