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Teach people monetary policy to anchor expectations – ECB paper

Teach people monetary policy to anchor expectations – ECB paper

Citizens’ inflation expectations could be improved by direct central bank communication, a new paper from the European Central Bank argues. Alexander Jung and Francesco Paolo Mongelli invited around 5,000 people attending the ECB’s visitor centre…

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credit agencies are punishing countries that don’t check their numbers

credit agencies are punishing countries that don’t check their numbers

Senegal’s dramatic two-notch credit rating downgrade in February 2025 by the credit rating agency Moody’s was followed by a Standard & Poor’s downgrade in July. Moody’s decision marked a three-notch deterioration in Senegal’s rating in…

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See Earth’s seasons in all their complexity in a new animated map

See Earth’s seasons in all their complexity in a new animated map

The annual clock of the seasons – winter, spring, summer, autumn – is often taken as a given. But our new study in Nature, using a new approach for observing seasonal growth cycles from satellites,…

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BofA lifts long-term gold target to $2,500, keeps $4,000 outlook in sight

BofA lifts long-term gold target to $2,500, keeps $4,000 outlook in sight by : Investing.com Source link

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Housebuyers hate stamp duty. Why hasn’t it been reformed before now?

Housebuyers hate stamp duty. Why hasn’t it been reformed before now?

For years, academic economists have argued that council tax and stamp duty are deeply flawed. Politicians from all corners, as well as various thinktanks, also seem to agree. Back in 1976, the UK even had…

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cartographers explain why fixing it matters

cartographers explain why fixing it matters

The African Union has endorsed the #CorrectTheMap Campaign, a call for the United Nations and the wider global community to use a different kind of world map. The campaign currently has over 4,500 signatures. The…

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Oil ticks lower as end of driving season looms, Druzhba restarts

Oil ticks lower as end of driving season looms, Druzhba restarts

Oil ticks lower as end of driving season looms, Druzhba restarts by : Reuters Source link

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American capitalism is being remade by state power

American capitalism is being remade by state power

Is the Trump administration trying to reshape American capitalism? Recent moves by Washington, such as taking a 10% share of semiconductor maker Intel, point to a shift in that direction. For decades, Washington has supported…

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Gold prices steady near $3,400/oz as Sept rate cut bets rise; econ. data awaited

Gold prices steady near $3,400/oz as Sept rate cut bets rise; econ. data awaited by : Investing.com Source link

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In a lonely world, widespread AI chatbots and ‘companions’ pose unique psychological risks

In a lonely world, widespread AI chatbots and ‘companions’ pose unique psychological risks

Within two days of launching its AI companions last month, Elon Musk’s xAI chatbot app Grok became the most popular app in Japan. Companion chatbots are more powerful and seductive than ever. Users can have…

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