Economic Uncertainty
American Airlines Restores Forecast Amid Economic Uncertainty
American Airlines has restored its full-year outlook despite economic uncertainty continuing to impact domestic consumer demand in the travel industry. The airline expects an adjusted loss per share of 20 cents to a profit of 80 cents per share in 2025, with the midpoint of the forecast at 30 cents per share. This contrasts with […]
Swiss National Bank Cuts Interest Rates to 0%
The Swiss National Bank (SNB) has reduced its key interest rate to 0% from 0.25%, citing a decline in inflation and pressure from a strengthening Swiss franc. This move marks the sixth consecutive rate cut since March 2024. The SNB’s decision aims to counter lower inflationary pressure, with the central bank noting that the global […]
Fed Holds Interest Rates Steady Amid Economic Uncertainty
The Federal Reserve has kept interest rates unchanged for the fourth consecutive time, maintaining its benchmark lending rate at approximately 4.3%. This decision comes despite forecasts from policymakers suggesting slower growth, higher unemployment, and faster inflation than previously expected. The economy remains “solid,” according to the Fed, but officials are cautious about the potential impact […]