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The Latest Breaking News from Andrew Bailey

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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Legal Battle Intensifies For Missouri Death Row Inmate

Marcellus Williams faces legal challenges as doubts arise over his conviction in a 1998 murder case.

Top News

More time for next interest rate cut after jobs and wages numbers cool

City expects action in Threadneedle Street in November

Evening Standard

The Fed welcomes a 'soft landing' even if many Americans don't feel like cheering

When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for three painful years was now essentially defeated

The Independent UK

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.

Top News

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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…

Reason

‘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 Guardian - US

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 Independent 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

The Guardian - UK

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The Guardian - US

Trump’s election interference criminal case returns to Washington DC court

A month after the supreme court’s immunity ruling, Trump may finally have to answer for his alleged election dispute

Top News

Andrew Bailey Wins Missouri Attorney General Republican Primary

Missouri Attorney General Andrew Bailey wins Republican primary, faces Democrat Elad Gross in upcoming election.

The Independent UK

Supreme Court shoots down Republican challenge to delay Trump’s hush money sentencing

Missouri’s attorney general claimed that gagging Trump amounted to election interference

The Independent UK

Transgender woman's use of a gym locker room spurs protests and investigations in Missouri

A transgender woman’s use of the women’s locker room at a suburban St. Louis gym is prompting protests and calls for an investigation

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The Guardian - UK

Don’t be fooled by the interest rate cut – higher rates are here to stay

Mortgage payers and business owners vainly hope cut to 5% signals return to pre-pandemic era of cheap borrowing

Top News

Advocates Criticize Missouri AG For Pushing Execution Despite Innocence Claims

Criticism surrounds Missouri AG's stance on Marcellus Williams' case and handling of death row cases.

The Guardian - UK

Bank of England dismisses Tory claims public sector pay rises will stoke inflation

Bank’s governor says planned awards of 5-6% would have relatively small impact on headline inflation

The Guardian - UK

Bank of England cuts interest rates to 5% in first reduction since March 2020

Committee votes by five votes to four in favour of cut as governor says inflationary pressures have eased enough

The Independent UK

Black leaders in St. Louis say politics and racism are keeping wrongly convicted man behind bars

Leaders of the Missouri NAACP and other organizations say politics and racism are behind the state attorney general’s effort to keep a wrongly convicted man locked up, more than a week after a judge overturned the murder conviction 34 years ago

International Business Times UK

Who Is Sandra Hemme: US Woman Served More Than 40 Years In Prison For Murder She Didn't Commit

Sandra Hemme, wrongly convicted of murder, was freed after 43 years in prison, highlighting significant flaws in the US justice system.

The Guardian - UK

Bank of England set to rain on hopes of interest rate cut after economic bounce

This week’s Bank meeting is unlikely to bring borrowers any joy amid a strong recovery from 2023’s mild recession

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