A Bank of England policymaker, Megan Greene, has warned that the central bank isn’t feeling overly optimistic about the current inflation spike, calling it a "hump" that’s proving stubborn. While some hoped inflation would ease quickly, Greene’s comments suggest the road ahead might be bumpier than expected.

Editor’s Note: Inflation isn’t going away as smoothly as hoped, and that’s a problem for everyone—from shoppers feeling the pinch to businesses planning budgets. The Bank of England’s cautious tone signals that interest rates might stay higher for longer, squeezing wallets even more. If you were hoping for relief soon, don’t hold your breath.

Bank of England policymaker Megan Greene is reassuring folks that the UK’s inflation slowdown isn’t derailed—even though prices might spike a bit in the short term. She’s basically saying, "Don’t panic if inflation bumps up temporarily; the broader trend is still heading downward."

Editor’s Note: Inflation’s been a headache for everyone, so Greene’s comments are a nudge to keep calm and carry on. It’s a signal that the BOE isn’t likely to overreact to short-term blips, which could mean steadier interest rates ahead. For regular people, that’s a hint that borrowing costs might not swing wildly—good news for mortgages and loans, even if prices aren’t falling overnight.

The Federal Reserve has named Michael Horowitz as its new inspector general, a key watchdog role overseeing the central bank’s operations. Horowitz, a seasoned investigator with a background in federal oversight, will be tasked with rooting out waste, fraud, and misconduct within the Fed system.

Editor’s Note: Inspector general appointments might sound like bureaucratic shuffles, but they matter—especially when it comes to an institution as powerful as the Fed. Horowitz’s track record suggests he won’t shy away from tough scrutiny, which could mean more transparency (or at least more accountability) for an agency that’s often under the microscope. For anyone who cares about how financial policy gets made—and who’s keeping an eye on it—this is a move worth noting.

Former President Donald Trump hinted that an announcement about the next Federal Reserve chair is coming shortly, though he didn’t drop any names. It’s a big deal because the Fed chair plays a huge role in steering the economy—think interest rates, inflation, and job growth. Trump’s pick could signal his economic priorities if he wins the election.

Editor’s Note: The Fed chair isn’t just another appointment—it’s someone who’ll shape borrowing costs, investments, and even your mortgage rates. Trump teasing a decision keeps markets and voters guessing, especially since the Fed’s independence is often a hot-button issue. Whether you love or hate his policies, this choice could ripple through wallets nationwide.