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Central bank can delay decision on additional tightening until next projections

European Central Bank (ECB) Governing Council member and Governor of the Central Bank of Malta, Alexander Demarco, said on Wednesday that the central bank can delay decisions on additional tightening until next projections. Key quotes ECB can delay decision on additional tightening until next projections. No second-round impacts, unwarranted wage pressures, or de-anchored expectations. ECB should avoid hastening next rate increase after pil price decline. Market reactionAt press time, the EUR/USD pair trades 0.17% lower at around 1.1403. Euro FAQs The…

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EEOC hits FedEx with federal lawsuit over alleged discrimination against blind workers

The U.S. Equal Employment Opportunity Commission (EEOC) has launched a federal lawsuit against Federal Express Corporation, alleging the delivery giant violated federal law by discriminating against blind employees at a North Carolina facility.The federal agency claims that FedEx, formerly known as FedEx Ground Package Systems, Inc., failed to provide reasonable…

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