Ms Britten, deputy governor of the Bank of England, said on Thursday that recent evidence supported a gradual rate cut but that measuring the appropriate pace of easing was tricky. "Recent evidence further supports the removal of policy constraints, which I expect to continue to be phased out over time," said Ms Britten, deputy governor for financial stability and seen as a centrist on the monetary policy committee, in a speech at the University of Edinburgh. She said that at this stage "...
Trump said on Thursday that if he wins the general election in November, he will establish a government efficiency commission headed by Musk. The commission will develop an action plan to completely eliminate fraud and improper payments within six months. This will save the United States trillions of dollars while maintaining the same level of government services. In response, Musk wrote on X: "If given the opportunity, I look forward to serving America. No pay, no title, no recognition." (Kim T...