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The Latest Breaking News from John Williams

Persistently high inflation is causing a split among Federal Reserve officials over next steps

The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed’s policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes in March 2022

The Independent UK

Bulla Dairy Foods announces opening farmgate milk price as farmers continue to exit industry

The first farmgate milk price for the new dairy season is released, nine days before the deadline for processors to publish minimum prices.

ABC News

Fed's Raphael Bostic doesn't see rate cuts until 2024

Atlanta Fed President Raphael Bostic thinks high consumer spending and strong labor market could continue to push prices higher.

Fortune

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U.S. inflation is hard to whip. Here's why.

For the first time in decades, the long-term forces shaping the world economy look inflationary.

Axios

Fed's Barkin: Inflation still 'stubbornly high' and isn't easing fast enough toward 2% target

Inflation remains “stubbornly high” and is no longer making much progress toward the Federal Reserve’s 2% target, a top Fed official said Wednesday, hours after price data for April were released

The Independent UK

Inflation stayed high last month, compounding the challenges facing the U.S. economy

Consumer prices in April were 4.9% higher than a year ago, according to the Labor Department. Prices rose 0.4% between March and April.

WEKU

Federal Reserve’s strategy ‘appears to be working’ as US inflation dips to 4.9%

Inflation in the US came in slightly below expectations at 4.9% in April, offering a boost to investors’ views that the Federal Reserve is close to its goal of bringing prices under control, and may safely pause its cycle of rate hikes.

Evening Standard

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Americans likely saw little relief from inflation in April

After steadily declining for nearly a year, consumer price data to be released Wednesday will likely show that U.S. inflation remained stubbornly high in April, a sign that it might be entering a newer, stickier phase

The Independent UK

King Charles Coronation: Princess Anne's 'odd' request as she eats 'same breakfast everyday'

The Princess Royal will play a major part in the ceremony but her day likely started as it always does

Liverpool Echo

Princess Anne's 'stomach-churning' breakfast as she prepares for Coronation role

Princess Anne is considered one of the hardest-working members of the royal family, so she will need a healthy and well-planned diet to play her part in King Charles coronation.

Edinburgh Live

Princess Anne's daily diet as she prepares for huge Coronation role

One aspect of Anne's diet is said to be out of the ordinary - the way she eats bananas

Nottingham Post

Princess Anne's stomach-churning diet revealed ahead of key Coronation role

The hard working royal will need a decent sized breakfast to get through Saturday, as King Charles gives Princess Anne a leading role in the day.

Daily Record

Princess Anne's stomach-churning diet - as Charles gives her huge Coronation role

The so-called hardest working royal will need a decent sized breakfast to get through Saturday, as King Charles gives Princess Anne a leading role in the day

Daily Mirror

Indiana Jones star Phoebe Waller-Bridge teases her "mysterious" Dial of Destiny character

Exclusive: The Fleabag star also opens up about meeting composer John Williams, and Helena's personal theme in the movie

Total Film

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Manchester Evening News

Don't miss Jurassic Park in Concert - the spectacular performance 65 million years in the making

Tickets to the thrilling performance are on sale from Friday, April 21

Manchester Evening News

You can watch Jurassic Park with a full orchestra at new arena shows

The hit dinosaur movie will roar to life in a spectacular way at the newly-announced arena shows

AFP

Stick or Davids set to succeed Nienaber as Springboks coach

Johannesburg (AFP) - South Africa assistant coaches Mzwandile Stick and Deon Davids are the favourites to succeed Jacques Nienaber as head coach when he quits after the 2023 Rugby World Cup.

Cinemablend

Harry Potter TV Show: What We Know About The Upcoming Max Original Series What We Know

The beloved book series is getting the small-screen treatment with a "faithful adaptation" on Max. Here's everything we know about the Harry Potter TV show.

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The Independent UK

Harry Potter fans criticise ‘wild’ detail in announcement for ‘unnecessary’ new TV adaptation

Series will be released over a 10-year period

The Independent UK

Harry Potter fans criticise ‘wild’ detail in announcement for ‘unnecessary’ new TV adaptation

Series will be released over a 10-year period

Barchart

Stocks Move Higher Before the Open as Market Sentiment Improves, U.S. Inflation Data on Tap

June S&P 500 futures (ESM23) are up +0.21%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.28% this morning as market participants continued to assess the path of Federal Reserve monetary policy following a solid U.S. jobs report while bracing for the start of the earnings season and inflation…

Barchart

Stocks Move Higher Before the Open as Focus Shifts to U.S. Inflation Data, FOMC Minutes

The Guardian - AU

Menindee fish kill may have been partly caused by release of ‘black’ and clean water by authorities, researchers claim

Exclusive: Satellite analysis shows toxic blackwater flowed into the Darling-Baaka River via the Wetherell outlet two days before the deaths

Tribune News Service

Fed’s Williams dismisses link between rapid rate hikes and bank stress

Federal Reserve Bank of New York President John Williams rejected the idea that the central bank’s aggressive interest-rate increases precipitated recent financial strains highlighted by recent banking failures.

The Independent UK

Rachmaninov tops Classic FM poll on 150th anniversary of birth

It was also a record year for film music.

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