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Fed Poised for Rate Cut, Signals Limited Easing Ahead

                                                          US Federal Reserve Chair Jerome Powell The Federal Reserve is widely expected to cut interest rates at its upcoming meeting, marking a shift in monetary policy aimed at supporting economic growth amid cooling inflation and slowing demand. While markets have anticipated a series of reductions, policymakers appear cautious, with signals suggesting only one additional cut may be on the horizon for next year. This measured approach reflects the Fed’s balancing act: easing financial conditions to sustain momentum while avoiding overstimulation that could reignite price pressures. Investors are closely watching the central bank’s language for clues on the trajectory of borrowing costs, as households and businesses continue to navigate a delicate economic environment....
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Gaza Militants Fire Rockets Into Israel Amid Escalating Conflict

In a tense escalation of the ongoing conflict, Gaza militants from the Palestinian Islamic Jihad group launched a barrage of rockets into Israel on Monday. This move came as Israeli tanks continued their advance deeper into Gaza, intensifying the fighting in the region.

The armed wing of Islamic Jihad, an Iranian-backed ally of Hamas, stated that the rocket attacks were in response to “the crimes of the Zionist enemy against our Palestinian people.” Fortunately, the volley of approximately 20 rockets caused no casualties, according to the Israeli military.

Despite Israel’s offensive aimed at neutralizing threats, militants in some parts of Gaza persistently target Israeli forces in areas previously vacated by the army. On Monday, Israeli tanks extended their incursions into the Shejaia suburb in eastern Gaza City for a fifth consecutive day. Additionally, tanks advanced further in western and central Rafah, near the border with Egypt.

As the conflict continues, casualties mount, and the heavily built-up coastal enclave lies in ruins, the situation remains highly volatile. Israel has signaled that its operation in Rafah, meant to suppress Hamas, will soon conclude. After this intense phase of the war, Israeli forces plan to focus on smaller-scale operations to prevent Hamas from reassembling.

The conflict began when Hamas-led fighters infiltrated southern Israel in October, resulting in significant loss of life and hostages taken back into Gaza. Israel’s counteroffensive has been devastating, with both combatants and civilians affected. The situation remains precarious, and international attention remains fixed on the region as tensions persist.


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