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Blast at Islamabad Mosque Leaves Dozens Dead

                    Blood stains at the site of a deadly explosion at a Shi'ite Muslim mosque in Islamabad, Pakistan A suicide bomber detonated explosives inside a crowded Shi’ite mosque in Islamabad, killing 31 people and injuring many others during Friday prayers. The attack struck the Tarlai neighborhood, where worshippers had gathered in large numbers, turning a moment of devotion into chaos and devastation. Witnesses described a powerful blast that shattered windows, collapsed parts of the structure, and left victims trapped beneath debris. Emergency teams and local residents worked together to rush the wounded to nearby hospitals, where several remain in critical condition. Authorities have heightened security across the capital as investigators work to determine how the attacker breached the area and whether others were involved. The bombing marks one of the deadliest assaults in the city in years and has intensified ...

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Steady Hands: Federal Reserve Holds Rates Amid Economic Uncertainty

The Federal Reserve is expected to maintain its current interest rates as officials seek a clearer picture of the U.S. economy’s trajectory. With conflicting signals—ranging from a slowdown in first-quarter GDP to strong employment data—policymakers are opting for caution rather than immediate action.  

Investors anticipate that the Fed will keep rates within the 4.25%-4.50% range until at least July. While inflation has shown signs of easing, underlying price pressures remain, and the impact of President Trump’s tariffs on consumer costs is still unfolding.  

Fed Chair Jerome Powell has emphasized the need for patience, acknowledging the uncertainty surrounding fiscal policies and their potential economic consequences. As the central bank waits for more definitive data, markets remain watchful for any shifts in monetary policy that could influence borrowing costs and economic growth.

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