Federal Reserve Chair Jerome Powell indicated more interest rate cuts are forthcoming, but at a gradual pace to support the economy. Speaking at a conference in Nashville, he tempered expectations of a large rate reduction, disappointing investors. The Fed implemented a rate cut earlier in the year, signaling a cautious approach to future monetary policy adjustments.
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In Bali, young girls dance in a traditional Hindu festival threatened by changing times
Ketut Nita Wahyuni, an 11-year-old girl in Bali, prepares to perform the sacred Rejang Dewa dance during the Ngusaba Goreng festival, a thanksgiving celebration for a bountiful harvest. The festival includes traditional rituals led by a priest and involves gathering at the temple. The event showcases the rich cultural heritage of Bali through dance and prayer. Full Article
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