due to the difference in interest rates
RR | New York | June 13, 2024
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RELATED TOPICS: Airbus A321XLR, European Central Bank (ECB), Iberia, New York, Federal Reserve (Fed)
With the decline of the euro against the dollar due to the difference in the interest rates of the Federal Reserve (Fed) and those of the European Central Bank (ECB), Trips to the United States and to countries that use the dollar, as is the case from some Latin American countries, they are estimated to be more expensive this summer.
The Fed’s decisions will be decisive for the US economy, since there is a disparity between the country’s economic data where employment last week was much stronger, but inflation this week and the industry index have been moderate.
Some analysts predict that the Fed’s measures may vary, between lowering in the fall or until next year while the ECB, “the expectations are that it will keep rates unchanged until September after this month’s reduction,” according to Ok Diario. .
As reported REPORTUR.us, Iberia, which will be the global launch airline for the new Airbus A321XLR once it receives it after the summer, faces the challenge of making an unusual 182-seat model in Business and Economy cabin configuration profitable for transoceanic Flights between Europe and America. (Iberia: 182 seats to America with the challenge of making them profitable).
In the case of the Business cabin, the A321XLR will have 14 individual seats with a window and direct access to the aisle, and as for the debut Flight.