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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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Tragedy in Gaza: Israeli Airstrike on Post Office Claims Lives of 30 Palestinians


In a devastating incident, an Israeli airstrike targeted a post office in the Nuseirat camp in central Gaza, resulting in the deaths of at least 30 Palestinians and injuring 50 others. The post office had been serving as a shelter for families displaced by the ongoing conflict, which has now entered its 14th month.

The Israeli military stated that the strike aimed to eliminate a senior member of the Islamic Jihad, a militant group accused of exploiting civilian infrastructure for its activities. However, the attack has drawn widespread condemnation due to the high civilian casualties and the destruction of a facility providing refuge to those already suffering from the conflict.

Earlier on the same day, two additional Israeli airstrikes in southern Gaza killed 13 Palestinians who were reportedly guarding humanitarian aid trucks. The Israeli military claimed these individuals were Hamas militants attempting to hijack the aid shipments.

The ongoing violence has exacerbated the humanitarian crisis in Gaza, with thousands of families displaced and essential services severely disrupted. Efforts by international mediators to broker a ceasefire have so far been unsuccessful, leaving the region in a state of perpetual turmoil.


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