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European Central Bank (ECB) Board member Isabel Schnabel recently expressed the possibility of a rate cut in June, citing the need to carefully analyze incoming data. While a rate cut in June may seem appropriate based on current data, Schnabel emphasizes the uncertainty surrounding the path beyond June. She cautions against prematurely easing monetary policy,
Former Walmart U.S. CEO Bill Simon has sounded the alarms, warning that the retailer’s reliance on higher-income consumers might not be sustainable in the long run. While these affluent shoppers have contributed to Walmart’s recent success, Simon argues that their loyalty will be fleeting as economic conditions change. Simon critiques the foundation on which Walmart