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Politico reports OpenAI has hired Dean Ball, a former AI official in the Trump administration.

2026-06-18

Politico reports OpenAI has hired Dean Ball, a former AI official in the Trump administration.

Other News
2026-06-18

The main lithium carbonate futures contract fell 6.00% during the day, currently trading at 161,420 yuan/ton.

The main lithium carbonate futures contract fell 6.00% during the day, currently trading at 161,420 yuan/ton.
2026-06-18

The Bank of England's Monetary Policy Committee voted 7-2 to hold Bank Rate at 3.75% for a fourth consecutive meeting, saying the strength of rising Inflationary pressure remains uncertain and a hike would be premature. Chief Economist Huw Pill and m

The Bank of England's Monetary Policy Committee voted 7-2 to hold Bank Rate at 3.75% for a fourth consecutive meeting, saying the strength of rising Inflationary pressure remains uncertain and a hike would be premature. Chief Economist Huw Pill and member Green preferred a 25bp rise. The 7-2 split matched market expectations. Governor Bailey described the committee's stance as an active hold that, relative to market pricing that expected cuts before the conflict, amounts to effective tightening. Pill and Green said a rate rise now would help anchor household inflation expectations; the BOE's quarterly survey shows household expectations at their highest since at least 2009. A preliminary US–Iran ceasefire that could reopen the Strait of Hormuz and lower oil prices would be supportive for the gas-import-dependent UK, but Bailey warned: 'Whatever happens next, higher energy prices over the past four months have already meant some inflationary pressure is in the pipeline.' The BOE now expects Q4 inflation above 3.25% (May forecast 2.8%), still below two of April's three scenario paths at 3.6–3.7%. Potential growth was nudged up to 0.2% per quarter from 0.1% previously.
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