The stock sell-off on Wall Street was considered “healthy” by finance professor Jeremy Siegel, as the Federal Reserve’s cautious projection on future rate cuts provided a “reality check” for investors. The Fed recently cut interest rates by a quarter percentage point, indicating that it may only lower rates twice more in 2025, leading to a significant market response with all major indexes sinking. Siegel expects the Fed to reduce the number of rate cuts next year, possibly even forgoing any cuts, as the FOMC raised its inflation forecast going forward.
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Faeces daubed on synagogues and school targeted in ‘antisemitic attacks’
Faeces have been smeared on multiple synagogues and a Jewish school in Golders Green, London, in a series of targeted antisemitic attacks over the past week. Local law enforcement and the neighborhood watch group Shomrim are investigating the incidents, which have heightened concerns within the community amidst rising antisemitism in the UK. Want More Context? 🔎
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