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Despite hawkish comments by Fed officials, markets continue to price in a more dovish path for rates. The BoE hiked 50bps and downgraded its economic outlook, eyeing a U.K. recession in Q4. Is U.S. inflation peaking? Watch U.S. CPI next week:

Building workforce diversity is challenging in good times, but the effort will grow even more complicated as the economy turns. @davidgclunie tells @csmart how @BlkEconAlliance hopes to help firms maintain progress: