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Pressure rises on Bank of England and the Fed as the interest rate debate gets political

The UK is likely to make a cut this week; Trump has made it very clear he wants his central bank to follow suit

The Bank of England is preparing to announce a cut in UK interest rates on Thursday, with central banks around the world facing increased scrutiny as Donald Trump ramps up his attacks on the US Federal Reserve.

Trump wants lower borrowing costs to boost the economy, even though the US has maintained the highest rate of growth in the G7 richest nations for several years and has every prospect of topping the G7 poll in 2025.

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© Photograph: Benjamin Cremel/AFP/Getty Images

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© Photograph: Benjamin Cremel/AFP/Getty Images

Phyllis Dalton, Oscar-Winning Costume Designer for Historical Epics, Dies at 99

Par : Ash Wu
A look back at some of her most celebrated works, including “Doctor Zhivago,” “The Princess Bride” and “Lawrence of Arabia.”

© John Barr/Liaison, via Getty Images

The costume designer Phyllis Dalton in 1990 receiving her second Academy Award, for “Henry V” (1989).

The low keep getting lower, as shown by Trump’s response to the DC plane crash | Arwa Mahdawi

Par : Arwa Mahdawi

When asked about his plans to visit the crash site, Trump made a joke: ‘The water? You want me to go swimming?’

Every day, the world seems to get stupider and stupider and our leaders seem to get nastier and nastier. Nobody expects empathy or accuracy from Donald Trump but, even by the extremely low standards to which he is held, his reaction to the tragic mid-air collision in Washington DC that killed 67 people on Wednesday night was shocking.

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© Photograph: Elizabeth Frantz/Reuters

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© Photograph: Elizabeth Frantz/Reuters

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