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Wall Street Pauses as Fed Meeting Looms: Futures Hold Steady

U.S. stock futures were little changed on Tuesday as investors awaited the start of the Federal Reserve’s final policy meeting of the year. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures all hovered near flat, reflecting a cautious mood across Wall Street. The Fed is widely expected to keep interest rates unchanged, but traders are focused on Chair Jerome Powell’s comments and the central bank’s updated economic projections. Markets are looking for clues on when rate cuts might begin in 2024, with inflation cooling but still above the Fed’s long-term target. Recent gains in equities have been fueled by optimism that the Fed’s tightening cycle is over, yet uncertainty remains about how quickly monetary policy will shift toward easing. Until then, investors appear content to hold their positions, waiting for clearer signals from the Fed before making bold moves.
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Ottawa’s Rideau Canal Skateway Reopens: Walk, Don’t Skate!

 

Ottawa, Canada – The iconic Rideau Canal Skateway, known as the world’s largest outdoor skating rink, briefly reopened its frozen expanse to visitors on Sunday. However, there’s a twist: leave your ice skates at home.

The National Capital Commission (NCC) made the decision to partially reopen approximately one-quarter of the Skateway at noon. But before you lace up those blades, take heed: the ice is currently only safe for walking.

Why the caution? An overnight snowfall disrupted the usual maintenance routine, preventing crews from flooding the canal. As a result, the ice condition has been rated as “very poor.” Skaters are advised to tread carefully and enjoy the picturesque views without the gliding motion.

The Rideau Canal Skateway, a beloved winter tradition in Ottawa, usually draws throngs of skaters from around the world. Its reopening, even for walking, brings a sense of normalcy and a chance to savor the crisp winter air. So, grab your warmest boots, bundle up, and explore this frozen wonderland – just remember to leave the skates behind! 


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