Fed eyes soft landing as inflation cools and rates stay high
U.S. economists flag a rare inflation victory with the Fed’s rate hikes easing price pressures without triggering a recession. Yet Americans remain worried about living costs. Powell cites a 4.5 point inflation drop while unemployment stays low, as markets fret the outlook and anticipate possible rate cuts later.
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Hyundai unveils 2025 Ioniq 5 in Savannah Georgia
Hyundai rolls out the 2025 Ioniq 5 at a Savannah dealership near a new $7.6 billion Georgia factory. The plant aims to produce 300,000 EVs annually with 8,500 jobs, while the base range reaches 240 miles and charging compatibility with Tesla Supercharger stations expands access for road trips.
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