Close Menu

Financial Times - BoE has very big lessons to learn after failing to spot persistent high inflation

Summary of the front page

The Financial Times’ main story is that the governor of the Bank of England has conceded there are “very big lessons to learn” after the central bank failed to forecast the persistently high inflation of the last 18 months. Speaking before the House of Commons Treasury Select Committee on Tuesday, Andrew Bailey said the Bank had taken a “conscious decision” to reduce the role of its forecasting model when setting interest rates because the model was not delivering sufficiently accurate results.

The most captivating image on the front page of the Financial Times is a protester being hauled away from Shell’s annual meeting. Climate demonstrators disrupted the event.

Today's top stories

thumbnail 2023 05 24T210211.061 yU7PWD - WTX News Breaking News, fashion & Culture from around the World - Daily News Briefings -Finance, Business, Politics & Sports News

When Russian propaganda mimics French news to spread disinformation

For several months, at least six fake anti-Ukraine covers of the French satirical weekly Charlie Hebdo have been circulating online, especially on Russian Telegram channels. Now a fake news report, attributed to French media outlet 20 Minutes, falsely accuses Russian independent journalist Ilya Ber of being behind these Charlie Hebdo covers. We debunk this false news report in this edition of Truth or Fake.

Like this article?

Leave a comment

Advertisment
Ready to be informed like a pro
Ready to be informed like a pro?
Read Today's Newspapers
Advert by Sponsors
More from WTX News
The latest gaming news - with game reviews and tips and tricks. updated 24 hours a day.
The latest gaming news

Get OFFER

Say 'yes' to liberty

Sign up to your personalized news briefing - delivered!

Newspapers, News Summary, Truth and freedom

30% off - code - 9ANB1EB283

Access the news from all the main News sources

We bring you CNN BBC FOX EURO NEWS AL JAZEERA – all in one place. With a perfectly crafted email with your news summary