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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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Icy Monday Ahead: Freezing Rain Threatens Ontario's Commutes


As southern Ontario braces for a pattern change, commuters should be wary of freezing rain that is expected to make roads slippery on Monday. Warmer air moving into the region will clash with stubborn cold air near the surface, creating conditions ripe for ice formation.


Areas at Highest Risk:

- Northern Greater Toronto Area (GTA)

- Cottage country

- Eastern Ontario, including Orangeville, Barrie, and Peterborough


Timing:

- Ice accretion will coincide with the morning commute and continue into the early afternoon before transitioning to rain.

- Central Ontario and the Nickel Belt may experience icing through the evening, potentially turning back to snow.


Precautions:

- Expect slow and messy commutes due to slippery road conditions.

- Environment and Climate Change Canada has issued widespread freezing rain warnings.


Stay tuned to local weather updates and drive safely!



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