The focus of work should be solely on the welfare of all citizens, emphasizing maximum employment and price stability. Current political climates may subject any decisions to scrutiny, highlighting the challenge of maintaining independence from political influences while addressing national economic issues.
The first reduction in interest rates for four years shows America’s Federal Reserve thinks inflation is now in check. But does the central bank’s decision suggest it is now concerned about the labour market? Ukraine wants its allies to provide long-range missiles (9:50). Our correspondent explains what difference these would make to the war. And how fashion brands conquered TV (19:44).
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