Zelenskyy urges Congress for more Ukraine aid in Capitol plea
Ukrainian President Volodymyr Zelenskyy urged U S lawmakers to send more military and economic aid as President Biden announced an additional 800 million in weapons and drones. He invoked Pearl Harbor and 9/11 to underscore urgency while lawmakers cheered and pledged support amid ongoing war with Russia.
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Fed raises benchmark rate to tame inflation signals upcoming hikes
The Federal Reserve lifted its key short term rate by a quarter point and signaled up to six more increases this year, aiming to curb inflation. Powell warned of the need to restore price stability as the economy remains strong but vulnerable to higher borrowing costs.
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