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US Fed rate cuts become question of when, not if
US Fed rate cuts become question of when, not if
Economy
by  AFP

The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as inflation edges closer to its long-run target of two percent. Futures traders now expect at least five rate cuts this year, assigning a probability of almost 90 percent to a first cut by the May interest rate decision, according to an AFP analysis of CME Group data. da/nro

Boeing exec apologizes over MAX 9 problem, promises fixes
Boeing exec apologizes over MAX 9 problem, promises fixes
Economy
by  AFP

A top Boeing executive has apologized for the problems highlighted by the mid-flight blowout of a door plug on an Alaska Airlines flight, as two airlines began returning the troubled 737 MAX 9 planes to service. Alaska Air, a major user of the model, began returning its MAX 9 planes to service Friday, and United Airlines followed on Saturday.