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Fed Poised for Rate Cut, Signals Limited Easing Ahead

                                                          US Federal Reserve Chair Jerome Powell The Federal Reserve is widely expected to cut interest rates at its upcoming meeting, marking a shift in monetary policy aimed at supporting economic growth amid cooling inflation and slowing demand. While markets have anticipated a series of reductions, policymakers appear cautious, with signals suggesting only one additional cut may be on the horizon for next year. This measured approach reflects the Fed’s balancing act: easing financial conditions to sustain momentum while avoiding overstimulation that could reignite price pressures. Investors are closely watching the central bank’s language for clues on the trajectory of borrowing costs, as households and businesses continue to navigate a delicate economic environment....

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Ukrainians Reflect on Two Years Since Russia’s Invasion

 

As the third anniversary of Russia’s invasion of Ukraine approaches, the streets of Kyiv resonate with a mix of emotions. For Ukrainians, it’s a time to look back at the past two years of conflict, marked by resilience, loss, and hope.

Nearly six million Ukrainians were displaced from their homeland after Russia launched a new military invasion on February 24, 2022. Among them is Yuliia Siemak, a 24-year-old who fled her city of Mykolaiv. Her journey took her from Turkey to Montreal and Quebec City, finally settling in Ottawa. Siemak now works for a non-profit organization, connecting Ukrainian women with employment opportunities.

One poignant photo in Siemak’s camera roll captures her “brave but terrified cat” seeking refuge in a library basement during air raids in her region. It was taken just three days into the invasion. Siemak’s family also fled Mykolaiv, leaving behind their home and memories.

For Siemak, Ottawa has become a comforting political hub. Amid the city’s diverse community and exquisite cuisines, she finds solace. With her immediate family scattered across different places—her brother in Alberta, and her parents in Turkey and Germany—being in Ottawa allows her to be with her people.

The Ukrainian Canadian Congress is organizing a rally on Parliament Hill this Saturday at 3 p.m. The event aims to grieve those who lost their lives since Russia’s full-scale invasion and honor the resilience of the Ukrainian Armed Forces. Canadians from coast to coast have been invited, and embassy representatives from Denmark, Poland, and Germany are expected to attend.

As we mark this solemn occasion, let us remember the strength and determination of the Ukrainian people. Despite the challenges, they stand united, unwavering in their pursuit of peace and justice.


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