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Fed Faces New Economic Landscape Post-Trump Victory

  The U.S. Federal Reserve is poised to reduce its benchmark policy rate by a quarter of a percentage point at the conclusion of its policy meeting on Thursday. This decision, while significant, is overshadowed by the broader economic uncertainties following Donald Trump’s re-election. Trump’s victory introduces potential shifts in economic policies, including changes to tariffs, tax cuts, and immigration, which could significantly impact the Fed’s approach to managing economic growth and inflation. The central bank, which has been focused on combating inflation, may now need to navigate a more complex economic environment with higher federal deficits and potential inflationary pressures. Market reactions have already been notable, with bond yields rising as investors anticipate a less aggressive rate-cutting cycle from the Fed. The central bank’s challenge will be to balance these new fiscal policies while maintaining its dual mandate of low inflation and low unemployment. As the Fed

Trump's Madison Square Garden Rally Marred by Controversial Remarks


Former President Donald Trump's rally at Madison Square Garden on Sunday took a controversial turn as several speakers made crude and racist remarks. The event, intended to bolster support for Trump's presidential campaign, saw speakers targeting Vice President Kamala Harris and other prominent figures with offensive language.


Comedian Tony Hinchcliffe made derogatory comments about Latinos and Puerto Ricans, while radio host Sid Rosenberg likened the rally to a Nazi event.  Trump's speech focused on his plans to halt illegal immigration and deport migrants, drawing cheers from the crowd. The rally has sparked widespread criticism and comparisons to historical fascist gatherings.

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