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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Trump is clearly fed up with Putin – but will his shift in tone force Russia to the negotiating table? | World News
Donald Trump's recent announcement marks a significant shift in his stance on Ukraine, as he now acknowledges the need to support Kyiv against Russia's aggression by dramatically increasing U.S. weapons supplies. This policy change is framed as a financial "deal," with NATO partners purchasing American arms to bolster their defenses and aid Ukraine, alongside a 50-day ultimatum for Putin to negotiate peace. Explain It To Me Like I'm 5: Donald Trump announced a big change...
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