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Morning Bid: Markets reel on Fed cut doubts, ECB up next

It may seem like an over-reaction to an inflation miss of less than a tenth of a percentage point, but the heated March consumer price update has jolted markets into doubting any U.S. interest rate cut before the November election. After much trepidation ahead of the report, the monthly rise in U.S. CPI rise was 0.359% - rounded up to 0.4%, compared to the 0.3% forecast. To be sure, the narrative quickly focussed on stubborn rent rises and shelter inflation, spiky insurance costs and the third...
Bruxelles Capitale United States White House District Of Columbia New York Susan Collins
Source: yahoo.com

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Planning security instead of strikes: collective bargaining peace in Lufthansa cabins -April 11, 2024 at 05:51 am EDT

After several waves of strikes in spring, airline passengers can hope for more reliable flights in time for the summer travel season. The last major professional group in the industry has concluded...
Michael Niggemann Harry Jaeger Flugbegleiter Organisation Ufo Flugbegleiter Organisation Vereinigung Cockpit Lufthansa Chief Human Resources Officer Michael

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