FT News Briefing It’s central bank week!
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Mar 18, 2024 This week, central banks are in the spotlight, analyzing interest rate dynamics against a backdrop of inflation changes. Benjamin Netanyahu challenges Western allies over his Gaza strategy, stirring international discourse. The US National Labor Relations Board is facing legal hurdles from big corporations, raising concerns for labor rights. Meanwhile, South Africa shifts towards optimism with a focus on private sector engagement to tackle its energy crisis and economic challenges, as upcoming elections hint at a potential political shake-up.
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Central Bank Week
- This week is crucial for central banks like the U.S. Federal Reserve, Bank of England, and Bank of Japan.
- They will make interest rate announcements, complicated by unexpected U.S. inflation.
NLRB Under Fire
- The National Labor Relations Board (NLRB) faces challenges from companies like Trader Joe's, Starbucks, Amazon, and SpaceX.
- These companies argue the NLRB's structure violates their right to a trial by jury.
Netanyahu's Criticism
- Benjamin Netanyahu criticized Western allies for allegedly trying to influence Israeli elections.
- He warned that new elections could empower Hamas.