Day: May 2, 2026

The Israel Defense Forces (IDF) said that it struck “approximately 70 military structures and approximately 50 Hezbollah infrastructure sites” in several areas, News.az reports.
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Meanwhile, Hezbollah said in a statement on Telegram that it attacked a cluster of Israeli troops and vehicles in the south Lebanese town on Qantara on Saturday afternoon, justifying the strike by saying that Israeli actions have “resulted in martyrs and a number of wounded civilians.”
Clashes have steadily continued between the two sides despite a ceasefire brokered by Washington between Israel and the Lebanese government. Israel insists that the terms of the truce allow it to continue to strike. The Lebanese Ministry of Health reports that at least 2,659 people have died in Lebanon and over 8,000 have been injured since Israel and Hezbollah began fighting in March.
“Our freedom of action to thwart threats – immediate threats and emerging threats – is part of the agreement we made with the United States and also with the Lebanese government,” Israeli Prime Minister Benjamin Netanyahu said last week.

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Inflation data last week was “bad news” for the U.S. Federal Reserve and means the Fed needs to be cautious ​about rate cuts until inflation begins to recede, Chicago Fed President Austan ‌Goolsbee said on Saturday, News.az reports.
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“We have got to get some assurance that we are going back to the 2% inflation target,” Goolsbee said on Fox News’ “The Journal Editorial Report,” referring to data last week ​showing the Personal Consumption Expenditures price index, the central bank’s preferred inflation measure, ​rose at a 3.5% annual rate in March.

The post Recent inflation data was ‘bad news,’ Fed’s Goolsbee says appeared first on azeritimes.com.