Bank of England scraps outdated inflation forecasting model in major overhaul after Fed boss' review – CNBC
Exterior of the Bank of England in London, UK. Mike Kemp | In Photo | Getty Images Bailey told CNBC that comparing and contrasting the U.S. policy perspective with that of his own country was “invaluable.” “This is a once-in-a-generation opportunity to update our forecasts and ensure they are fit for a more uncertain world,” […]
St. Louis TV station KMOV under fire after anchor Cory Stark uses ‘outdated’ racial term
A St. Louis television station is under fire after an anchor “incorrectly” used an “outdated, offensive and racist” term to describe minority homeowners. TV station KMOV On February 26, the company reportedly apologized for using the term while previewing an article about racial bias in housing appraisals. “Tonight, homeowners of color are sounding the alarm […]