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...We want to make sure that we aren’t eliminating important redundancies.”...
...“I don’t want to see the relationship deteriorate and fray.” Neither, she said, did China....
...“Those are three things the Fed doesn’t want.”...
...You can’t recreate the texture with butter. Follow @FTMag to find out about our latest stories first...
...“That will cost a little bit, but it doesn’t cost nearly as much as overstaffing by 40 aeroplanes.”...
...I would tell him: ‘Don’t you hide your story. You’ve done your time. You make sure you hold your head up like everybody else.’”...
...Referring to US companies, Yellen said: “We’re providing tax subsidies to some of these sectors and I wouldn’t want to rule out other possible ways in which we will protect them.”...
...Indeed, so different in spirit is this conversion of a former bank that it has been given its own name, ‘t Huys, an archaic spelling of the Dutch for house....
...I don’t see it happening in the immediate future,” said Steven Blitz, chief US economist at TS Lombard. Additional reporting by George Steer in New York and Martin Arnold in Frankfurt...
...“In particular, if the Fed can’t cut rates soon it could stoke up dollar strength, which causes stress for the European economy and constrains other central banks’ ability to cut rates.”...
...I’m Claire Jones, the Financial Times’ acting US economics editor and I’m standing in for Chris Giles this week....
...Here to explain is the FT’s acting US economics editor Claire Jones. Hi, Claire. Claire JonesHi there, Marc. Marc FilippinoSo let’s start with Russia....
...But the Boeing CEO can’t go to Seattle and fix that, he also has a huge defence business to think about,” said O’Leary....
...“We’re operating within budget constraints and offering incentives wouldn’t work within the budget,” said Chris Manning, programme manager for the CES programme....
...“If the economy comes in stronger than expected, I don’t think it means the Fed doesn’t cut at all, but it does mean the Fed will be very careful about delivering cuts.”...
...“I don’t want that for the future.”...
...“I wouldn’t rule that out. We just need to see more evidence that inflation is on that sustainable downwards path towards 2 per cent.”...
...“But from a political perspective it doesn’t do very much to change the basic trajectory that we’ve been on.”...
...“Our position is we don’t know. We’ll tell you what we’ll do if inflation does come down. That’s the base case, that’s what we expect.”...
...“We hope it doesn’t come to that. But it does concern us we don’t have certain information.”...
...US President Joe Biden criticised companies over “price gouging” and downsizing of their products in his State of the Union address, saying that “snack companies think you won’t notice when they charge you...
...“And the money that it spends isn’t really being spent well on its citizens, even though it’s supposed to be.”...
...Claire Bushey Well, we don’t know what has gone wrong. There’s kind of three buckets of what it could be....
...“It’s surprising that we haven’t seen more of a negative reaction,” said Tim Murray at T Rowe Price, an asset manager....
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