Goldman Delays Fed Cut Forecast to Dec 2026

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Goldman Sachs pushed back U.S. rate cut expectations to December 2026, citing high inflation fueled by the Middle East war. Analysts warn that 3% core PCE inflation will likely persist until energy shocks and labor markets soften.
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Mon, 11 May 2026 06:08:56 GMT

Ryanair to Shut Thessaloniki Base Over Fees

Ryanair will close its Thessaloniki base this winter, cutting 700,000 seats and 12 routes across Greece. The airline blames a 66% hike in airport fees, while operator Fraport attributes the exit to Ryanair's own commercial strategy.

Mon, 11 May 2026 18:30:07 GMT

Microsoft's Kenya Data Center Delayed

Microsoft's $1 billion East African data center project is stalled due to payment disputes. Kenya reportedly rejected demands for guaranteed annual capacity payments, potentially forcing Microsoft and G42 to scale back the geothermal-powered facility.

Mon, 11 May 2026 15:30:07 GMT

China Inflation Ticks Up Amid Iran War

China's producer price index (PPI) rose 2.8% in April, exceeding expectations as the US-Israel-Iran conflict drove up energy costs. Consumer prices also increased, signaling persistent global inflationary pressures.

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