Due to dangerously cold weather forecasted in Washington, President-elect Donald Trump has decided to move his inaugural address, along with other speeches, indoors to the US Capitol’s rotunda. The inaugural parade and balls will also be held indoors at Washington’s Capitol One Arena, ensuring the safety of law enforcement, first responders, and supporters amid freezing temperatures. Trump emphasized the importance of dressing warmly and announced that the Capitol One Arena will be open for a live viewing of the address, as extreme cold is expected with temperatures reaching as low as -11C (12F) on inauguration day.
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Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
Federal Reserve Chair Jerome Powell stated that the decision to maintain interest rates this year was influenced by President Trump's tariffs, which have led to increased inflation forecasts. While tariffs have not yet significantly impacted the U.S. economy, Powell emphasized the need for the Fed to monitor their effects, asserting the importance of keeping central banking decisions free from political pressure. Explain It To Me Like I'm 5: Federal Reserve Chair Jerome Powell said that...
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