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Wall Street Pauses as Fed Meeting Looms: Futures Hold Steady

U.S. stock futures were little changed on Tuesday as investors awaited the start of the Federal Reserve’s final policy meeting of the year. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures all hovered near flat, reflecting a cautious mood across Wall Street. The Fed is widely expected to keep interest rates unchanged, but traders are focused on Chair Jerome Powell’s comments and the central bank’s updated economic projections. Markets are looking for clues on when rate cuts might begin in 2024, with inflation cooling but still above the Fed’s long-term target. Recent gains in equities have been fueled by optimism that the Fed’s tightening cycle is over, yet uncertainty remains about how quickly monetary policy will shift toward easing. Until then, investors appear content to hold their positions, waiting for clearer signals from the Fed before making bold moves.
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gingerbread men cookies

 

  • Ingredients:

    • 1/2 cup butter, softened
    • 3/4 cup packed dark brown sugar
    • 1/3 cup molasses
    • 1 large egg
    • 1 tablespoon water
    • 2-2/3 cups all-purpose flour
    • 1 teaspoon baking soda
    • 1/2 teaspoon salt
    • 1 teaspoon ground cinnamon
    • 1 teaspoon ground ginger
    • 1/2 teaspoon ground allspice
    • 1/2 teaspoon ground cloves
    • Frosting of your choice

  • Instructions:

    1. Cream butter and brown sugar until light and fluffy, 5-7 minutes.
    2. Beat in molasses, egg and water.
    3. In another bowl, whisk together remaining ingredients minus frosting; gradually beat into creamed mixture.
    4. Divide dough in half. Shape each into a disk; cover. Refrigerate until easy to handle, about 30 minutes.
    5. Preheat oven to 350°. On a lightly floured surface, roll each portion of dough to 1/8-in. thickness. Cut with a floured 4-in. gingerbread man cookie cutter. Place 2 in. apart on greased baking sheets.
    6. Bake until edges are firm, 8-10 minutes. Remove to wire racks to cool completely.
    7. Frost as desired.

Enjoy your gingerbread men cookies! 

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