After a thorough investigation into the merger between Getty Images Holdings, Inc and Shutterstock Inc, the UK Competition and Markets Authority (CMA) has preliminarily determined that the deal may raise competition concerns regarding the supply of editorial content in the UK market.
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Over time, action needs to be taken to ensure that inflation falls back to the 2% target in a timely and sustained manner. Williams' statement is more explicit than before; previously, he indicated his support for the Federal Reserve to first gather information before determining its policy stance, but this speech further supplements with a clear signal that "further action is necessary."
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