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Fed board member and possible Powell replacement says bank should cut rate this month because growth is slowing ‘significantly’

Christopher Waller, a member of the Fed’s governing board, said in a speech in New York City that the economy is showing signs of weakening, with consumer spending slowing and job gains cooling. The Fed should reduce borrowing costs to shore up spending and growth before the job market weakens further, Waller said. “The economy is still … Read more

Ryanair CEO Michael O’Leary hints at fare cuts after ‘significantly’ hedging low fuel prices amid tariff turmoil

Donald Trump’s tariff war has sent markets spiraling and threatens to upend global supply chains. But if you’re Ryanair CEO Michael O’Leary, a potential global economic crisis is just another profit-making opportunity. O’Leary told the Financial Times that Ryanair had “very significantly extended” its fuel hedges over the coming two financial years at “dramatically lower … Read more

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