The Federal Reserve approved a 25 basis point interest rate cut, lowering the benchmark rate to 4.50%-4.75%, following a previous half percentage point reduction in September. The move was widely expected and resulted in record highs for the Nasdaq and S&P 500, with Treasury yields dropping. The post-meeting statement indicated a balanced view on achieving employment and inflation goals, signaling a less aggressive but continued effort in monetary policy adjustment.
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UK police arrest 522 over support for Palestine Action at London protests | Civil Rights News
On Saturday, London police arrested 522 protesters against the UK's ban on Palestine Action, marking one of the largest single protest arrests in the capital's history. Amid ongoing tensions from Israel's war in Gaza and calls for the release of Israeli captives, critics decried the government's actions as a threat to free speech, while officials defended the ban under national security grounds. Want More Context? 🔎
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