The Bank of England's decision to leave policy at aggressively easy levels won't surprise the markets. What investors don't seem to be discounting, however, is quite how much inflation the Bank will willingly accept for fear of tipping heavily over-leveraged UK households into another downturn.
The Supreme Court’s Latest Blow to Black Voters’ Rights
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An unsigned order in an Alabama case rewards the state for engaging in what
a lower court called “intentional racial discrimination.”
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