(Bloomberg) -- The European Central Bank will be in a better position to decide on interest rates at its next Governing Council meeting in the autumn, Vice...
-- The European Central Bank will be in a better position to decide on interest rates at its next Governing Council meeting in the autumn, Vice President Luis de Guindos said.A Brief History of Kamala Harris and Her Politics“We will have more information in September, and especially new macroeconomic projections , so we will be able to better reassess the monetary policy stance ,” he told Europa Press . “Data-wise, September is a much more convenient month for taking decisions than July was.
“All measures of underlying inflation are coming down, therefore the disinflation process will continue from the start of next year”“Our surveys show that firms expect wage increases to moderate, especially as of 2025, because the current rise in wages is closely related to regaining purchasing power as a result of past inflation”
Berkshire Hathaway trimmed its holdings of Bank of America stock for the first time in at least four years. U.S. Bancorp, Wells Fargo, Bank of New York Mellon, and HP Inc. were once large positions at Berkshire and have been eliminated. The risk of further sales appears to be depressing Bank of America stock, which was off 1.5% on Monday afternoon.This dividend stock may be down around 10%, but there is a huge future opportunity for those wanting growth as well as a 5.35% dividend.
A rush among carriers to cash in on summer travel demand has forced airlines to offer discounts on tickets to fill their planes. The updated forecast reflects the lower yield environment, less-than-expected load factors for the second half of the year and competitive pressures in international markets, Canada's largest carrier said on Monday.
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