Federal Reserve Chair Jerome Powell reiterated the central bank’s commitment to lowering inflation and indicated a cautious approach to lowering interest rates, citing a strong economy and solid labor market. He emphasized the need to balance policy adjustments to avoid hindering progress on inflation or weakening economic activity. Powell’s remarks came during a Senate Banking Committee appearance, with stocks briefly dipping before stabilizing, with a focus on bank supervision rather than monetary policy.
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Three sea lions fatally shot in mouth in Waitaki River, Ōamaru, as police search for culprits
Three endangered sea lions were fatally shot in the mouth in the Waitaki River, prompting police to investigate the incident in Ōamaru, Otago, after being alerted by the Department of Conservation. Two sea lions were found dead, while a third, which was wounded, had to be euthanised, and local iwi have been informed as police work with DOC rangers on the case. Want More Context? 🔎
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