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30/09/2026
Bank of England MPC member Taylor: There are substantial upside risks to food inflation.
Latest
1 m ago
OpenAI aims to raise at least $30 billion from investors in a new funding round after postponing its IPO plans, according to people familiar with the matter. The company is seeking a valuation of about $1.4 trillion (excluding the funds raised), and the financing discussions are still at an early stage and may change. The latest funding round is intended to serve as a bridge round, providing the company with additional funds in place of an IPO while OpenAI focuses on addressing AI safety concerns. This could push its valuation back above the latest private-market valuation of longtime rival Anthropic. Earlier reports said OpenAI had considered a new funding round at a $1.2 trillion valuation. (Bloomberg).
9 m ago
OpenAI aims to raise $30 billion at a valuation of $1.4 trillion.
11 m ago
Federal Reserve's Musalem: A clearly communicated policy framework also helps guard against inflation spirals and deflationary spirals.
12 m ago
Fed's Musalem: A clearly articulated policy framework should include two to three possible scenarios. A predictable and clearly explained policy framework is one of the elements for the central bank to obtain democratic legitimacy. If the public understands the policy framework, market expectations will align with the Fed's policy intentions, thereby improving the trade-off between inflation and employment.
12 m ago
Federal Reserve's Musalem: The central bank should avoid issuing communications and policy actions that lack the support of a policy framework, otherwise the market cannot understand its logic. The central bank also should not "completely withdraw from communication and dialogue," as doing so would bring inflation-related risks.
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