Inflation closed out 2024 strong, with the personal consumption expenditures price index increasing 2.6% year-over-year in December, meeting expectations and above the Fed’s 2% target. Core PCE also came in at 2.8%, signaling elevated inflation levels. Fed Governor Michelle Bowman expects inflation to decelerate in 2025 but suggests keeping interest rates on hold until clear signs of improvement are seen.
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He is a human skeleton, brother of Gaza hostage Evyatar David tells BBC
The brother of Israeli hostage Evyatar David, recently shown in a distressing video by Hamas, described it as a "new form of cruelty," highlighting his brother's severe malnourishment and suffering. As families of hostages urge Israeli Prime Minister Netanyahu to prioritize their release amidst ongoing military actions in Gaza, concerns about humanitarian conditions continue to rise, with reports of significant casualties and deprivation in the region. Want More Context? 🔎
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