Bloomberg Creative/Getty Images(WASHINGTON) The Federal Reserve is set to announce a decision on Wednesday about whether to adjust its benchmark interest rate, just days after new government data showed that the economy is cooling off.The slowdown has coincided with a months-long stretch of stubborn inflation, putting pressure on the Fed to keep interest rates high despite a risk of hindering economic activity with expensive borrowing costs.Economists widely expect the Fed to leave interest rates unchanged. Such a move would push back rate cuts that the central bank expects to make some time this year.At its most recent meeting, in March, the Fed stuck to its previous projection of three rate cuts by the end of 2024, even as it opted to hold interest rates steady for the fifth consecutive time.That approach has amounted to a prolonged pause of the aggressive rate hiking cycle that began roughly two years ago when the central bank sought to rein in rapid price increases.Inflation has
ABC News(WASHINGTON) Associate Supreme Court Justice Stephen Breyer retired from the high court in 2022 but isn t finished prodding his former conservative colleagues to abandon what he sees as an aggressive tack to the right in how they interpret the law."Slow down. Period," Breyer, 85, said bluntly of his message to the court s majority in a wide-ranging interview with ABC News Live PRIME."You re there a long time," he added, addressing the three justices nominated by former President Donald Trump. "It takes three years, four years, five years, maybe, before you begin to adjust."Breyer has been on an all-out media blitz with the release of his 10th book, Reading the Constitution: Why I Chose Pragmatism, Not Textualism, an attack on the method of judging favored by his former colleagues that now threatens generations of established legal precedent.As the U.S. Supreme Court prepares to release major rulings in a historic series of cases this spring, Brey
ABCHaving grown up with big music dreams, Carly Pearce knows the importance of helping young students with similar aspirations.That s why she teamed with the CMA Foundation recently to pay a surprise visit to students at Knoxville, Tennessee s Bearden Middle School."I asked [these kids] if they knew what they wanted to do when they grew up and so many of them raised their hands," Carly tells the press. "I hope that that childlike ambition and wonder stays with them, and that nobody makes them believe that they can t do what they want to do because they can."Being a child with huge, sometimes unconventional music dreams is something Carly relates to."I think for me, I felt a little bit like the odd kid out because I wanted to do music and I wanted to write songs, and I wanted to be on stage," she says, adding that it s important to encourage and nurture young talents. "I know that that changed my life as a kid, just having teachers&
Thinkstock Images/Getty Images(NEW YORK) Protests have broken out at colleges and universities across the country in connection with the war in Gaza.Many pro-Palestinian protesters are calling for their colleges to divest of funds from Israeli military operations, while some Jewish students on the campuses have called the protests antisemitic and said they are scared for their safety.The student protests some of which have turned into around-the-clock encampments have erupted throughout the nation following arrests and student removals at Columbia University in New York City. Students at schools including Yale University, New York University, Harvard University, University of Texas at Austin, University of Southern California and more have launched protests.Here s how the news is developing:Apr 30, 10:07 AMReporter arrested while covering protest on Cal Poly campusAdelmi Ruiz, a reporter for Redding, California, ABC affiliate KRCR, was arrested at Cal Poly Humboldt while filming