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US Fed official says may be 'appropriate' to lower number of rate cuts
US Fed official says may be 'appropriate' to lower number of rate cuts
Economy
by  AFP

The US central bank should either scale back or delay its interest rate cuts in response to "disappointing" inflation data, a senior Federal Reserve official said Wednesday. "In my view, it is appropriate to reduce the overall number of rate cuts or push them further into the future in response to the recent data," Fed Governor Christopher Waller told a conference in New York.

Senegal results show large win for opponent Faye in presidential poll
Senegal results show large win for opponent Faye in presidential poll
Economy
by  AFP

Anti-establishment figure Bassirou Diomaye Faye has comfortably won the Senegalese presidential election with 54.28 percent of votes in the first round, official provisional results showed Wednesday. Third-placed candidate Aliou Mamadou Dia won just 2.8 percent of the vote, according to figures read out at the Dakar court by the president of the national vote counting commission, Amady Diouf.