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Sweet and Sour Chicken Recipe

  Crispy, tangy, and just the right amount of sweet—this sweet and sour chicken is a family favorite that’s easy to make at home. Ingredients For the Sauce: 1 cup pineapple juice ½ cup distilled white vinegar ½ cup sugar 3 tablespoons ketchup 2 tablespoons soy sauce ¼ teaspoon crushed red pepper flakes 1½ tablespoons cornstarch For the Chicken: ½ cup all-purpose flour ½ cup cornstarch 1 teaspoon baking powder ¼ teaspoon baking soda 1 heaping teaspoon salt ¼ teaspoon freshly ground black pepper ⅔ cup water 1½ tablespoons vegetable oil (plus more for cooking) 1 pound chicken tenderloins or boneless, skinless chicken breasts, trimmed and cut into 1-inch (2.5 cm) chunks For Finishing the Dish: 1 tablespoon vegetable oil 2 red bell peppers, cut into 1-inch (2.5 cm) pieces 1 small red onion, cut into 1-inch (2.5 cm) chunks Instructions Make the Sauce: In a medium saucepan over medium heat, whisk together pineapple juice, vinegar, sugar, ketchup, soy sauce, and red pepper flakes. Bring to...

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Fed Expected to Signal September Rate Cut at Next Week’s Meeting

 

The Federal Reserve is poised to signal its plans for a rate cut in September, according to economists surveyed by Bloomberg News. Nearly three-quarters of respondents anticipate the US central bank will use the upcoming July 30-31 gathering to set the stage for a quarter-point reduction next month. 

However, there’s some debate about how policymakers will convey this move. While half of the economists expect both the policy statement and Fed Chair Jerome Powell’s press conference to signal the upcoming cut, others believe the Fed may use one method or the other. Regardless, all respondents agree that rates will remain unchanged at next week’s meeting.

In recent weeks, Fed officials have emphasized the goal of maximum employment and stable prices when deciding on policy. The median view among economists is for interest-rate cuts in September and December, slightly less aggressive than market expectations. While some investors even bet on an initial half-point cut, economists see that as unlikely. Such a move would likely occur only if labor market conditions, currently strong but less overheated, were to deteriorate.

Traders are also pricing in a 100% chance of a rate cut at the September meeting, with futures data suggesting that once the Fed starts cutting, it will continue to do so. The odds of a quarter-point reduction are high, and the central bank’s decision will be closely watched by investors and markets.

Stay tuned for further updates as the Fed’s monetary policy evolves in response to economic conditions! 

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