At this week’s meeting, Federal Reserve officials are expected to maintain interest rates, signaling a patient approach amidst uncertainty over President Trump’s policies. Chair Jerome Powell and colleagues may adjust their economic projections, including inflation and GDP, while providing insight on the future path for interest rates. The public will closely analyze the Fed’s “dot plot” grid of members’ intentions, with various possibilities on the table, including maintaining, removing, or adding cuts as a response to potential economic slowdown.
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Russia condemns Israel’s plan to expand Gaza operation
Russia's Foreign Ministry has condemned Israel's plan to expand its military operations in the Gaza Strip, warning that such actions could worsen the already dire humanitarian situation in the region. The ministry's statement emphasizes the risk of escalating tensions and highlights the potential for a humanitarian catastrophe in the Palestinian enclave. Want More Context? 🔎
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