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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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Quebec Pushes Secularism Further with Ban on Prayer Rooms



The Quebec government is preparing to introduce a new bill that would ban prayer rooms in public institutions, including universities and CEGEPs. The legislation, led by Secularism Minister Jean-François Roberge, is intended to reinforce the province’s commitment to keeping religion separate from public spaces.

The proposed bill goes beyond prayer rooms. It also seeks to restrict religious-based meals in public institutions, expand bans on face coverings in subsidized daycares, and prohibit the use of religious symbols in official communications. These measures build on the controversial Bill 21, passed in 2019, which barred certain public employees from wearing religious symbols while at work.

Students at Concordia University, where the prayer room is used by hundreds daily, have voiced concerns that the ban unfairly targets Muslim communities and will force them to find alternative spaces for worship. Critics warn that the legislation risks marginalizing religious minorities and undermining inclusivity in Quebec’s education system.

Supporters of the bill argue that it is a logical extension of Quebec’s secular model, designed to ensure neutrality in public institutions. Premier François Legault has previously stated that public spaces should not be used for religious practices, reinforcing the government’s stance on keeping faith private.

The bill is expected to spark heated debate in Quebec, where secularism has long been a defining political issue. If passed, it will mark another significant step in reshaping the province’s relationship between religion and public life.

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