Fed Rate Cut Expectations Bolstered by Upcoming Inflation Report

Fed Rate Cut Expectations Bolstered by Upcoming Inflation Report

Thursday’s highly anticipated June CPI release will likely shape market sentiment regarding potential Federal Reserve rate cuts. Recent economic data, including rising unemployment, suggests both inflation and economic growth are cooling. Federal Reserve Chairman Jerome Powell acknowledged a more balanced risk outlook for inflation and recession in his testimony to Congress this week. He hinted…

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Barcelona: Protests against mass tourism

Barcelona: Protests against mass tourism

Barcelona, ​​Spain – Tensions between residents and tourists in Barcelona reached boiling point this weekend. Protests against mass tourism saw hotel and restaurant entrances blocked in Barceloneta, with calls for an immediate reduction in visitor numbers. Reasons for discontent Residents blame the influx of tourists for the rising cost of living, crowded public spaces and…

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Trump-Influenced RNC Platform Emphasizes Social Security, Medicare, Softens Language on Abortion

Trump-Influenced RNC Platform Emphasizes Social Security, Medicare, Softens Language on Abortion

On Monday, the Republican National Committee (RNC) adopted a new platform, heavily influenced by former President Donald Trump. The revised platform introduces significant changes to previous GOP positions on marriage and abortion, while making ambitious economic promises. Key economic commitments include ending inflation, transforming the United States into a manufacturing powerhouse, and implementing deep tax…

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