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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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Canada Reassesses F-35 Fighter Jet Deal Amid Geopolitical Tensions

Prime Minister Mark Carney has initiated a review of Canada's agreement to purchase 88 F-35 fighter jets from U.S.-based Lockheed Martin. The deal, valued at approximately $85 million per aircraft, aims to modernize the Royal Canadian Air Force. However, Carney has directed Defence Minister Bill Blair to evaluate whether the contract remains the best investment for Canada in light of evolving geopolitical circumstances.

The review comes amidst escalating trade tensions with the United States, including provocative rhetoric from U.S. President Donald Trump. While Canada is legally committed to acquiring the first 16 jets, the government is exploring whether alternative options might better serve the nation's defense needs. Blair has emphasized the importance of ensuring the deal aligns with Canada's strategic interests and has pledged to consult with military and international allies during the review process.

This reassessment underscores the complexities of balancing national defense priorities with shifting international dynamics. The outcome of the review could have significant implications for Canada's defense strategy and its relationship with the United States.

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