Federal Reserve Chair Jerome Powell warned of economic risks from a slowing labor market and rising inflation during his speech at the Jackson Hole forum, suggesting potential rate cuts. With job growth falling short and inflation above the 2% target, the Fed faces pressure to adjust its policy, as indicated by a 72% probability of a rate cut at the upcoming September meeting.
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Tennessee court schedules execution dates for four inmates
The Tennessee Supreme Court set execution dates for four death row inmates, including Christa Pike, the only woman sentenced to death in the state. Pike, convicted for the 1995 murder of Colleen Slemmer, has faced legal efforts to commute her sentence due to her mental health issues, while concerns about the state’s execution protocols and past drug testing failures have also emerged. Want More Context? 🔎
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