Fed’s Williams sees inflation cooling and interest rates falling further, Barron’s reports By Reuters

(Reuters) – Federal Reserve Bank of New York President John Williams sees inflation cooling and interest rates falling further, he told Barron’s in an interview published on Thursday. Two percent is the inflation rate that can best balance the central bank’s employment and price stability goals, Williams told Barron’s.

John Lewis chief criticises UK Budget as ‘two-handed grab’ from business

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The departing head of John Lewis has described changes to employers’ national insurance and a lack of early reform in business rates in last month’s Budget as a “two-handed grab” from UK businesses. Nish Kankiwala, … Read more