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Fed Chief Powell Signals Cautious Approach to Rate Cuts

Washington D.C., Thursday, 14 November 2024.
Federal Reserve Chair Jerome Powell indicates a slow, deliberate approach to interest rate reductions in 2025. Despite inflation nearing the 2% target, persistent pressures and economic strength allow for careful monitoring. Economists anticipate fewer cuts than initially expected, highlighting the delicate balance in managing inflation and economic growth.

Trump Taps Huckabee as New US Ambassador to Israel

Washington D.C., Tuesday, 12 November 2024.
President-elect Donald Trump nominates former Arkansas Governor Mike Huckabee as US Ambassador to Israel, signaling a shift in Middle East policy. Huckabee, known for his staunch support of Israel, brings decades of engagement with the country to his new role.