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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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Hamas Sticks to Demand for Gaza Truce Deal Implementation

 

 Amid ongoing conflict, Hamas remains steadfast in its position regarding Gaza truce talks. The Palestinian militant group insists that negotiations should focus on a deal already discussed with Israel and mediators, rather than starting anew. Israeli airstrikes, which recently claimed the lives of at least 19 Palestinians in the enclave, have intensified the urgency for a resolution.

The United States expressed optimism that peace talks scheduled for Thursday would proceed as planned, emphasizing the possibility of a ceasefire agreement. U.S. Secretary of State Antony Blinken is set to engage in discussions in Qatar, Egypt, and Israel. While the Israeli government confirmed its delegation’s participation, Hamas seeks a workable plan to implement a proposal it has already accepted, rather than engaging in further talks.

In the densely populated Deir Al-Balah, where many are desperate for a truce, Israeli airstrikes continue to exact a heavy toll. The conflict, now spanning 10 months, has resulted in nearly 40,000 Palestinian deaths, including commanders and fighters. A potential ceasefire deal aims to end hostilities in Gaza and secure the release of Israeli hostages held by Hamas in exchange for Palestinian prisoners in Israeli custody.

However, Israeli Prime Minister Benjamin Netanyahu maintains that the war can only end when Hamas is eradicated. As the situation remains tense, the international community watches closely, urging a swift resolution to prevent further loss of life.


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