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Feds Kaplan Says He Has No Problem With Being Restrictive

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– Dallas Federal Reserve Bank President Robert Kaplan on Monday said he expects the U.S. central bank to raise interest rates three times this year and further next year to levels that could put the brakes on U.S. economic growth, but that he does not want to push short-term rates above long-term borrowing costs.

“I don’t have a problem with being restrictive,” Kaplan said, adding that monetary policy would be restrictive if interest rates rise above the 2.5 percent or 2.75 percent that he estimates is their “neutral” level. But, he said, he would not want rate hikes to proceed so fast or far that the yield curve inverts. The yield on the 10-year Treasury, currently around 2.85 percent, rises higher, acts to “limit the pace and the slope of how fast we can raise rates.”

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China Considering Cutting Duty On Imported Cars By About Half Bloomberg

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BEIJING/SHANGHAI – China is considering cutting the import duty on passenger cars by about half as part of the country’s plan to further open up the automobile market, Bloomberg News reported on Thursday, citing people familiar with the matter.

China’s cabinet is weighing proposals to reduce the levy on imported cars to 10 percent or 15 percent from the current 25 percent, according to Bloomberg. An announcement on the decision could be made as soon as next month, it added.

China pledged earlier this month to open up its auto market, the world’s largest, announcing a timeline to remove long-standing caps on foreign ownership of automotive ventures and saying it would cut tariffs on imported cars soon.

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Lidl is selling a £17 ice-cream maker – and it’s one of the cheapest out there

LIDL is selling a bargain ice-cream maker to treat your sweet tooth this summer – but you’ll need to hurry. The budget retailer’s machine will be available in stores from tomorrow…

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LIDL is selling a bargain ice-cream maker to treat your sweet tooth this summer – but you’ll need to hurry.

The budget retailer’s machine will be available in stores from tomorrow (Thursday April 26) for just under £17.

 Lidl's ice-cream maker comes in bright pink or blue colours Lidl’s ice-cream maker comes in bright pink or blue colours

That’s a pretty good price considering ice-cream makers range in cost from £20 to hundreds of pounds.

For example, one machine from Gourmet Gadgetry Vintage, which has a retro 1950s look similar to Lidl’s and a 1.2 litre bowl, will set you back £28 on Amazon.

A similar gadget from American Originals is also selling for £32 at Argos.

Meanwhile, more sophisticated models from the likes of Cuisinart could set you back as much as £225 on Amazon.

 Lidl’s machine is suitable for preparing up to 1L of ice cream, sorbet or frozen yoghurt Lidl’s machine is suitable for preparing up to 1L of ice cream, sorbet or frozen yoghurt

Lidl’s ice-cream maker comes in bright pink or blue colours.

It is suitable for preparing up to 1L of ice cream, sorbet or frozen yoghurt.

The beater and lid are also dishwasher-safe for convenient clean-up.

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Do remember that cheaper machines –  like the one from Lidl – require a little pre-planning.

That’s because they first churn the ice cream in a “freezer bowl”, which you have to chill for around 24 hours before using.

If you’re still interested, you’ll have to be quick.

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Sainsbury’s launches own baby food range – including Katsu Chicken Curry and BBQ pulled pork

SAINSBURY’S has launched its own baby food range and it includes dishes like Katsu Chicken Curry & BBQ pulled pork. The Little Ones line includes almost 50 products for babies and toddler…

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SAINSBURY’S has launched its own baby food range and it includes dishes like Katsu Chicken Curry & BBQ pulled pork.

The Little Ones line includes almost 50 products for babies and toddlers and prices start at just 70p.

 The new range is already available online and in stores The new range is already available online and in stores

For the youngest diners, a selection of single flavour veggie pouches like parsnip, sweet potato and carrot are available from 70p – the cheapest products in the range.

But older kids can enjoy grown-up meals like Katsu chicken curry (275g) – a blend of wholegrain, white and cauliflower.

They can also tuck into a BBQ Pulled Pork with sweetcorn rice (300) or even a Thai chicken Noodle (275).

Bare in mind that these dishes – aimed at children aged three or more –  are also more expensive and will set you back  £2.50 per pack.

What’s included in Sainsbury’s new range?

THE Little Ones line includes almost 50 dishes for babies and toddlers and prices start at just 70p. Here are some of the products

POUCHES

  • Carrots (70g) – 70p Stage 1 ( 4-6 months+)
  • Parsnip ()70g) – 70p Stage 1 ( 4-6 months+)
  • Pear, Prune & Banana  (70g) – 70p Stage 1 ( 4-6 months+)
  • Mango  (70g)  – 70p – Stage 1 ( 4-6 months+)

CEREAL

  • Baby Rice – £1.50 Stage – 1 ( 4-6 months+)
  • Banana Multigrain Porridge – £1.50 Stage 1 (6 months+)

FRUIT POTS

  • Apple, Banana & Blueberry (4x100g pot)  – £1.30 – Stage 1  (4-6 months+)
  • Apple & Peach  (4x100g pot) – £1.30 – Stage 1  (4-6 months+)

READY MEALS

  • Katsu Chicken Curry  with Rice (275g) – £2.50 – 3 yrs.+
  • BBQ Pulled Pork with Sweetcorn Rice (300g) – £2.50 – 3 yrs.+
  • Thai Chicken Noodles (275g) – £2.50 – 3 yrs.+
  • Cauliflower & Butternut Mac n Cheese With Cauliflower & Butternut Squash (275g) – £2.50 – 3 yrs.+
  • Fish Pie (200g) – £2.25 – 1-3 yrs

Babies from six months can try flavour-building pouches like fish pie or beef potato and leek casserole.

All stage one pouches – aimed at babies from four to six months old – cost between 70p to £1.00 with the Banana Multigrain Porridge priced at £1.50.

Fiona Wilcock, the registered nutritionist who developed the range with Sainsbury’s said: “While babies have a natural preference for sweet flavours, it’s very important that they learn to eat and enjoy savoury foods from the outset when weaning.

“For this reason, there are many more savoury foods in the Little Ones range and we have no biscuits, sweet rice cakes, biscotti or cereal bars for babies under one year.”

All the product are already available online and in Sainsbury’s stores.

If you’re looking for bargain baby products Boots just launched a sale and you can save on everything from nappies, prams and bottles.

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