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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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Diplomatic Tensions Escalate: India Condemns Canada’s Expulsion of Diplomats

 


In a significant escalation of diplomatic tensions, India has strongly condemned Canada’s recent expulsion of six Indian diplomats. The Indian government described the move as “preposterous imputations” driven by Canadian Prime Minister Justin Trudeau’s political agenda. This development follows the assassination of Sikh separatist leader Hardeep Singh Nijjar on Canadian soil, which has been a point of contention between the two nations.

Canada’s Foreign Minister, Mélanie Joly, stated that India was asked to waive diplomatic and consular immunity to cooperate in the investigation but refused. In retaliation, India has expelled six Canadian diplomats, further straining the already tense relations between the two countries.

The diplomatic row underscores the complexities and sensitivities surrounding international relations and the impact of domestic political agendas on global diplomacy. Both nations now face the challenge of navigating this crisis while maintaining their respective national interests.

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