Skip to main content

Featured

Protests Erupt Nationwide After Minneapolis ICE Actions Spark Public Outrage

                                                    Demonstrators attend an "ICE Out" protest in Minneapolis Demonstrations have spread across the United States following a surge of Immigration and Customs Enforcement activity in Minneapolis, where recent enforcement operations have intensified public concern and fueled widespread anger. What began as local frustration quickly escalated into coordinated walkouts and rallies, with students, educators, and community groups mobilizing in cities across the country. The Minneapolis area has become the center of attention after a large federal deployment dramatically increased the presence of immigration agents in the region. The scale of the operation, combined with reports of aggressive tactics, has raised questions about oversight and the broader direction of federal immigration policy...

article

Inflation Climb Reinforces Fed’s Cautious Stance as Powell Returns to Capitol

 

Federal Reserve Chair Jerome Powell is back on Capitol Hill amid new data showing that inflation in the United States jumped to a 3% annual rate in January—slightly higher than December’s 2.9%. The uptick, driven by rising costs in housing, food, and energy, is prompting concerns that the progress on curbing inflation may be stalling.

In his second day of testimony before Congress, Powell reiterated that the Fed is in no rush to lower interest rates. He emphasized that while the overall economy remains robust, the unexpected surge in consumer prices underscores the need for a “wait-and-see” approach. Lawmakers grilled him on various issues ranging from tariff policies to the safety of bank deposits, but Powell maintained that the current monetary policy framework is appropriate given the mixed economic signals.

Market observers noted that the higher-than-expected inflation data might further delay any future rate cuts, as the Fed continues to weigh the risks of reducing policy restraint too quickly. With Powell’s testimony ongoing, all eyes remain on Capitol Hill as policymakers and investors seek clarity on the future direction of U.S. monetary policy.


Comments