By Bryan Mena, CNN

Washington (CNN) — The Federal Reserve is yapping too much about the economy, according to Kevin Warsh, the US central bank’s incoming leader.

During his confirmation hearing last month, Warsh argued that Fed officials “speak quite frequently” and stressed that “truth-seeking is more important than repetition.”

“If one has a press conference, one wants to deliver some important news,” he said.

Since the 1990s, Fed officials have regularly weighed in on the economy, including media interviews and press conferences, public speeches, lengthy policy statements and periodic economic forecasts.

Warsh, who is slated to officially begin his four-year term on Monday, suggested doing away with some of that communication with “a new framework” and “new tools,” though he didn’t go into specifics.

Experts say Warsh isn’t completely off; times of uncertainty make it difficult for Fed officials to predict where the economy and interest rates may be headed. But it would be a major shift for the Fed if Warsh decides to cut back on news conferences or do away with officials’ quarterly economic projections.

“Communication isn’t trivial,” Loretta Mester, who served as president of the Federal Reserve Bank of Cleveland from 2014 to 2024, told CNN. “You’re talking to market participants, you’re talking to the public, you’re talking to Congress, but there may be some enhancements to make communication more effective.”

The Fed remained mostly silent until the ’90s

For most of its 113-year history, the Fed’s interest-rate decisions were somewhat of a mystery. There were no policy statements, routine public comments or news conferences by the chair.

Traders had to infer what the Fed was doing with its benchmark lending rate based on market movements.

That changed under Fed Chair Alan Greenspan, who introduced the post-meeting policy statement in 1994.

Subsequent chairs kept adding to the Fed’s communication artillery. Ben Bernanke was the first Fed chair to hold a formal news conference in April 2011.

“I have always been a big believer in providing as much information as you can to help the public understand what you’re doing,” he said then, “to help the markets understand what you’re doing, and to be accountable to the public for what you’re doing.”

The post-meeting press conferences help guide Wall Street’s expectations and shape interest rates in the long term. A Brookings Institution survey released this month found that economists and analysts want the Fed to continue press conferences after each rate-setting meeting.

“The Fed sending signals on what it’s likely to do in the future is very useful because it quickly affects financial conditions,” said Derek Tang, an economist at Monetary Policy Analytics.

“For example, in 2022 officials used their projections and speeches to signal that they were serious about hiking rates to get rid of high inflation, which allowed them to not hike even higher because their communication already did some of the lifting,” he added.

Uncertainty can muddy Fed communication

But sometimes no one knows what may be in store for the US economy.

Times of unusually high uncertainty inherently make Fed communication less helpful because circumstances can change on a dime, Mester, the former Cleveland Fed president, said.

When President Donald Trump unveiled stiff tariffs last spring, Fed officials, including Chair Jerome Powell, warned of the possibility of significantly higher inflation and weaker economic growth. But those initial comments didn’t age well when Trump toned down his tariffs and businesses helped keep consumer inflation from surging.

And this year, the US-Israeli war with Iran further c

By Aleena Fayaz, CNN

(CNN) — An all-day prayer event on the National Mall on Sunday — backed by the White House through a mix of taxpayer funds and private donations — is the most recent flashpoint in the Trump administration blurring separation of church and state.

The event, dubbed “Rededicate 250: A National Jubilee of Prayer, Praise & Thanksgiving,” is part of a series of celebrations commemorating America’s 250th birthday, and is expected to feature remarks from government officials including Defense Secretary Pete Hegseth and House Speaker Mike Johnson and video messages from President Donald Trump and Secretary of State Marco Rubio. The event will bring together faith leaders, public officials and musicians to reflect and worship ahead of the anniversary of the nation’s founding.

Sunday’s event is the latest in a series of faith initiatives and policy moves championed by the White House that have bolstered an emphasis on Christianity in the government’s operations, culture and policy.

Freedom 250, a nonprofit subsidiary of the National Park Foundation, which functions as the National Park Service’s fundraising arm, organized the event.

“Rededicate250 will be a powerful moment to reflect on where we have been, recommit ourselves to the ideals that define us, and look toward the future with renewed hope and purpose,” said Freedom 250 senior adviser Danielle Alvarez.

While organizers are inviting Americans of every background to attend the event, the long list of faith leaders attending are largely evangelical Christians — except for one Orthodox rabbi and two conservative Catholic bishops. Brittany Baldwin, White House senior policy adviser and executive of the White House Task Force America 250, described a focus on “our heritage as a Judeo-Christian” nation in a since-deleted planning webinar that was posted ahead of Sunday’s event.

Questions over constitutionality

Experts CNN spoke with were split on whether the event is constitutional.

Andrew Koppelman, a professor at Northwestern University’s Pritzker School of Law whose areas of focus include constitutional law, said while he believes the event itself is probably constitutionally protected, it’s “contrary to the fundamental purposes of the Constitution.”

“This kind of divisive embrace of a particular religion and trying to associate the incumbent administration with that religion is bad for religion, bad for government and bad for America,” Koppelman said.

But Douglas Laycock, who specializes in religion and law at the University of Texas School of Law, said he believes this event is “flagrantly unconstitutional.”

“It is unconstitutional because it is explicit government promotion of religion, and not just religion in general, but of a fairly specific version of one particular religion,” Laycock said.

Meanwhile, Michael Mooreland, professor of law and religion at Villanova’s Charles Widger School of Law, argued there can be an intersection of religious faith and the public square, noting the prayers at open sessions of Congress and at the presidential inauguration.

“I think that it’s kind of overemphasizing that idea of separation to think that an event like this raises any constitutional problems,” Mooreland said, adding that it’s “too strong a separationist view of what the First Amendment requires.”

White House spokeswoman Taylor Rogers told CNN in a statement that Rededicate 250 will be a “beautiful and unifying moment” to reflect on America’s history that has been shaped by “great men and women of faith.”

“Rededicate 250 will be a fantastic event in our nation’s capital to celebrate

Por Gawon Bae, Yoonjung Seo y Brad Lendon, CNN

Corea del Sur recibió este domingo a atletas norcoreanos por primera vez en más de siete años, cuando un equipo femenino de fútbol llegó para disputar el campeonato de clubes asiático.

Treinta y nueve jugadoras y miembros del personal del Club de Fútbol Femenino Naegohyang de Pyongyang pasaron rápidamente entre una multitud de medios y seguridad en el Aeropuerto Internacional de Incheon después de que el equipo llegara en un vuelo desde Beijing.

Vestidas elegantemente con blazers y faldas a juego, las jugadoras norcoreanas caminaron directamente hacia su autobús, sin mirar a los grupos pro-unificación reunidos que aclamaban: “Bienvenidas”.

Las jugadoras y el personal permanecieron en silencio y sin mostrar emoción hasta que se cerró la puerta del autobús y partieron hacia Suwon escoltados por la Policía.

La visita del equipo no llega en un momento de relaciones particularmente cálidas entre las dos Coreas. El líder norcoreano, Kim Jong Un, ha afianzado la división de la península coreana en el último mes, revisando la Constitución de la hermética nación para definir a cada país como territorios distintos, mientras elimina una cláusula relacionada con la reunificación.

Mientras tanto, Corea del Norte ha estado promoviendo una larga lista de desarrollos militares, desde nuevos sistemas de misiles, cohetes y artillería hasta nuevos buques de guerra y submarinos.

A pesar del enfoque de línea dura de Corea del Norte, el presidente de Corea del Sur, Lee Jae Myung, ha intentado mejorar las relaciones a través de la zona desmilitarizada y disminuir las tensiones que prevalecieron bajo su predecesor, Yoon Suk Yeol.

Seúl parece estar adoptando un enfoque discreto ante la semifinal del miércoles en la Liga de Campeones Femenina de la AFC, para la cual más de 7.000 entradas se agotaron rápidamente la semana pasada.

El partido contra el Suwon Football Club Women se jugará en la ciudad del mismo nombre, a unos 40 kilómetros al sur de la capital.

A los 39 norcoreanos, incluidos 27 jugadoras, se les permite permanecer en Corea del Sur durante una semana, en caso de que avancen a la final programada para este sábado en el mismo estadio.

Los otros equipos que compiten en las semifinales esta semana en Corea del Sur son el Melbourne City de Australia y el Tokyo Verdy Beleza de Japón.

Los atletas norcoreanos visitaron por última vez el sur en diciembre de 2018, cuando un equipo conjunto Norte-Sur compitió en las Finales Mundiales de la Federación Internacional de Tenis de Mesa. A principios de ese año, las Coreas formaron un equipo unificado de hockey sobre hielo femenino en los Juegos Olímpicos de Invierno de Pyeongchang, en el sur.

Para el partido del miércoles, unas 3.000 entradas fueron compradas por organizaciones civiles que forman el “grupo conjunto de aficionados”.

El programa de fútbol femenino de Corea del Norte está disfrutando de un éxito notable, algo que se cree que complace a Kim.

En Corea del Norte, los deportes no se ven solo como una competencia, sino como una fuente de orgullo nacional. Los medios estatales suelen informar extensamente sobre los éxitos deportivos.

Cuando el equipo de fútbol ganó la Copa Mundial Femenina Sub-20 hace dos años, Kim brindó por la “celebración patriótica”.

Algunas de las jugadoras de Naegohyang estaban en el equipo que levantó ese trofeo, mientras que otras han brillado en la Copa Mundial Sub-17, de la cual Corea del Norte ha ganado las dos ediciones anteriores.

El club no es ajeno a los partidos fuera de Corea del Norte, ya que ha jugado en Myanmar y Laos en la competición actual.

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By Gawon Bae, Yoonjung Seo, Brad Lendon, CNN

Incheon, South Korea (CNN) — South Korea received North Korean athletes for the first time in more than seven years on Sunday, when a women’s soccer team arrived to contest the Asian club championship.

Thirty-nine players and staff from Pyongyang’s Naegohyang Women’s Football Club rushed past a crowd of media and security at Incheon International Airport after the team arrived on a flight from Beijing.

Arriving smartly dressed in matching blazers and skirts, the North Korean players walked straight to their bus, without glancing at the gathered pro-unification groups cheering, “Welcome.”

The players and staff remained silent and emotionless until the door of their bus closed and left for Suwon under police escort.

The team’s visit doesn’t come at a time of particularly warm inter-Korean ties. North Korean leader Kim Jong Un has cemented the division of the Korean Peninsula in the past month, revising the reclusive nation’s constitution to define each country as distinct territories, while removing a clause related to reunification.

All the while, North Korea has been promoting a long list of military developments, from new missile, rocket and artillery systems to new warships and submarines.

Despite North Korea’s hard-line approach, South Korean President Lee Jae Myung has tried to improve relations across the demilitarized zone and decrease tensions that were prevalent under his predecessor, Yoon Suk Yeol.

Seoul seems to be taking a low-key approach to Wednesday’s semi-final in the AFC Women’s Champions League, for which more than 7,000 tickets quickly sold out last week.

The match against Suwon Football Club Women will be played in the city of the same name, about 25 miles (40 kilometers) south of the capital.

The 39 North Koreans, including 27 players, are permitted to stay in South Korea for a week, in case they advance to the finals scheduled for Saturday at the same stadium.

The other teams competing in the final four this week in South Korea are Australia’s Melbourne City and Japan’s Tokyo Verdy Beleza.

North Korean athletes last came to the South in December 2018, when a joint North-South team competed in the International Table Tennis Federation World Grand Finals. Earlier that year, the Koreas fielded a unified women’s ice hockey team at the Pyeongchang Winter Olympics in the South.

For Wednesday’s game, about 3,000 seats were purchased by civil organizations forming the “joint supporters group.”

The North Korean women’s soccer program is enjoying remarkable success, something which is believed to please Kim.

In North Korea, sports are seen not just as a competition but as a source of national pride. State media often reports extensively on sporting successes.

When the soccer team won the Under-20 Women’s World Cup two years ago, Kim toasted the “patriotic celebration.”

Some of Naegohyang’s players were in the squad that lifted that trophy, while others have shone at the U-17 World Cup, of which North Korea has won the previous two editions.

The club is no stranger to games outside of North Korea, having played in Myanmar and Laos in the current competition.

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Por Chris Lau, Yong Xiong, Kosta Gak y Lucas Lilieholm, CNN

Al menos tres personas murieron cerca de Moscú después de que Ucrania atacara Rusia con más de 500 drones durante la noche, informó este domingo la agencia estatal de noticias rusa TASS, citando a funcionarios locales y militares.

El ataque a Moscú es “el más grande en más de un año”, según TASS, citando información difundida por el alcalde de la ciudad, y sigue a una gran oleada de ataques rusos a principios de la semana que tuvieron como objetivo la capital de Ucrania, Kyiv. Esos ataques mataron al menos a 25 personas e hirieron a decenas más, según las autoridades ucranianas.

Durante la noche del sábado al domingo, una mujer murió después de que un dron impactara una vivienda privada en Khimki, una ciudad al noroeste de la capital rusa, dijo el alcalde Sergey Sobyanin, quien añadió que otra persona quedó atrapada bajo los escombros.

Dos hombres murieron en Mytishchi, al noreste de Moscú, cuando los restos de un dron cayeron sobre una casa en construcción, dijo Sobyanin, añadiendo que un total de 12 personas resultaron heridas en Moscú, incluidos trabajadores de la construcción en una refinería de petróleo.

El Ministerio de Defensa de Rusia dijo que interceptó 556 drones ucranianos durante la noche, mientras que Sobyanin afirmó que las defensas aéreas derribaron más de 120 drones que se dirigían a Moscú y sus alrededores.

Los restos caídos también provocaron que una casa en la aldea de Subbotino se incendiara, mientras que cuatro personas resultaron heridas cuando los drones dañaron varios bloques residenciales en la ciudad occidental de Istra, informó TASS.

Algunos fragmentos de drones cayeron en los terrenos del aeropuerto de Sheremetyevo, el centro aéreo más concurrido de Rusia, aunque no se reportaron heridos ni daños, según la instalación.

La agencia estatal de noticias publicó imágenes de una casa envuelta en una bola de fuego y varios bloques de apartamentos dañados en Telegram, sin especificar sus ubicaciones.

La Fuerza Aérea de Ucrania informó que Rusia lanzó 287 drones durante la noche, hiriendo al menos a nueve personas en la región de Dnipropetrovsk y el distrito de Zaporiyia. Añadió que derribó todos los drones excepto ocho en siete ubicaciones diferentes.

Hace poco más de una semana, Rusia celebró una versión reducida de su tradicional y deslumbrante desfile militar del Día de la Victoria, tras intensificados ataques ucranianos en el interior del territorio ruso, especialmente contra refinerías de petróleo.

Mientras se desarrollaba el ataque la mañana de este domingo, el comandante de las Fuerzas de Sistemas No Tripulados de Ucrania publicó un mensaje en su cuenta oficial de Telegram, dirigido a los residentes de Patriarchy, uno de los distritos residenciales de élite de Moscú.

“El billete de ida a una vida pacífica en Patriarchy y las zonas circundantes ha sido cancelado”.

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