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People's March: Thousands Rally in Washington Against Trump Ahead of Inauguration

  Thousands of demonstrators, predominantly women, took to the streets of Washington, D.C., on Saturday to protest President-elect Donald Trump just days before his inauguration. The event, known as the People's March, has been held annually since 2017 and was previously called the Women's March. The march, organized by a coalition of groups with varied interests such as climate change, immigration, and women's rights, aimed to confront "Trumpism" and draw on past successes against autocrats. Despite expectations of 50,000 participants, around 5,000 people gathered at three parks before marching to the Lincoln Memorial for the rally. Protesters carried signs with messages like "Feminists v. Fascists" and "People over politics," and many wore the iconic pink "pussy hats" from the 2017 Women's March. The event highlighted a range of issues, including gender justice, bodily autonomy, and democracy. The People's March has evolved ...
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Fed Holds Rates Steady: Investors React

 


The Federal Reserve’s decision to hold interest rates steady at the end of its January meeting has been met with mixed reactions from investors. While some investors were hoping for a rate cut, others are pleased with the Fed’s decision to maintain the status quo. The Fed’s decision was based on the progress it has made in defeating inflation, which has been a major concern for policymakers in recent months.

The 10-year Treasury yield dipped after the Fed’s announcement, as investors digested the latest interest rate decision and clues about the policy path ahead. The stock market also took a hit after Fed Chair Jerome Powell suggested that the Fed may not cut rates in March.

Despite the mixed reactions, the Fed’s decision to hold rates steady is a sign of confidence in the economy’s strength. The Fed’s official target is a 2% annual rate of inflation, and prices rose 2.6% from a year ago as of December 2023. The improving inflation picture is giving policymakers room to slow their fastest rate-hiking regime since the 1980s.


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