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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What Pope Francis told Sophie Grégoire Trudeau when she asked him: 'You have a vice?'
After the death of Pope Francis, Sophie Grégoire Trudeau shared a memory of their 2017 meeting at the Vatican, where she humorously asked him about his "vice," referring to maple syrup, which made him laugh. She recalled his earnest request for prayers, expressing her deep spirituality and commitment to fostering understanding and compassion among humanity. Grégoire Trudeau has previously described her meeting with the Pope as enriching, emphasizing the importance of unity across different faiths...
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