Powell confirms that the Fed would have cut by now were it not for tariffs

Powell confirms that the Fed would have cut by now were it not for tariffs

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank would have easier monetary…

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Tsunami hits Russia’s Far East after powerful earthquake

Tsunami hits Russia’s Far East after powerful earthquake

A file photo showing an aerial view of South Kuril Islands and coastline in Kamchatka region, Russia. Anadolu | Anadolu | Getty Images A powerful magnitude 8.7 earthquake struck off Russia’s Far Eastern Kamchatka Peninsula on Wednesday, generating a tsunami of up to 4 metres (13 feet), prompting evacuations and damaging buildings, officials said. “Today’s earthquake was serious and…

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