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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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High-Stakes Diplomacy: Carney and Trump Meet Amid Trade Tensions

Canadian Prime Minister Mark Carney is set to meet U.S. President Donald Trump at the White House today, marking a pivotal moment in Canada-U.S. relations. The meeting comes as Carney seeks to navigate a complex diplomatic landscape, with trade tariffs and security concerns at the forefront of discussions.

Carney, who recently won a minority Liberal government, has emphasized that while the meeting is crucial, no immediate agreements should be expected. "We do not expect white smoke out of that meeting," he stated, signaling that negotiations will be a long and intricate process.

Trump, known for his hardline stance on trade, has imposed tariffs on Canadian industries, including steel, aluminum, and automobiles. His recent proposal of a 100% tariff on foreign film production has further strained relations, raising concerns among Canadian business leaders. Additionally, Trump's repeated suggestions that Canada should become part of the U.S. have fueled tensions, prompting Carney to firmly reject any threats to Canadian sovereignty.

Diplomatic and business leaders have warned that the outcome of this meeting could have lasting consequences. British Columbia Premier David Eby urged Carney to stand firm, emphasizing the importance of protecting Canada's economic interests. Meanwhile, trade experts suggest that a rushed deal could be detrimental to Canada, advocating for a strategic approach to negotiations.

As Carney and Trump engage in discussions, the world watches closely, anticipating the next chapter in the evolving Canada-U.S. relationship. Whether this meeting will pave the way for a new trade-security framework or deepen existing tensions remains to be seen.

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