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CBI warns UK risks cycle of low growth without higher investment

Tony Danker, Director-General of the Confederation of British Industry (CBI) is likely to warn Thursday, “ministers are in danger of trapping the UK in a future of low growth and high taxes, per the Financial Times.

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GBP/JPY Price Analysis: Extends pullback from 21-DMA towards 155.00 ahead of BOE

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US Treasury Sec. Yellen: Describing inflation as “transitory” was a mistake

In a Bloomberg News interview Wednesday, US Treasury Secretary Janet Yellen conceded that calling higher inflation as “transitory” was a mistake while
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