U.S.

Fed cuts rates again

Fed cuts interest rate by a quarter point as government shutdown clouds economic outlook
Wednesday’s decision brings the Fed’s key rate down to about 3.9%, from about 4.1%. The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.
Fed cuts key interest rate by 0.25%
The Federal Reserve announced an interest rate cut of a quarter point, the second one this year. MSNBC Senior White House Reporter Vaughn Hillyard, CNBC Senior Analyst Ron Insana and Professor of Economics and Public Policy at the University of Michigan Justin Wolfers join Katy Tur to break down the latest economic news.
Fed cuts interest rates for 2nd time this year, but rejects large reduction sought by Trump
The widely expected move delivers a lowering of interest rates sought by President Donald Trump, though the size of the cut falls short of the major drawdown called for repeatedly by the president. The Fed previously projected an additional quarter-point cut at its next meeting in December,
Takeaways: Fed Chair Powell says don’t count on a December rate cut
The Federal Reserve on Wednesday lowered interest rates for the second time this year in a continued bid to prevent unemployment from surging.
Federal Reserve cuts key rate yet Powell says future reductions are not locked in
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed Chair Jerome Powell also cautioned that further rate cuts weren’t guaranteed,
Federal Reserve poised to cut key interest rate for the second time this year
Investors are nearly certain that the Federal Reserve will announce a quarter-point cut to its benchmark interest rate Wednesday afternoon.
Fed cuts rates again as economic data blackout drags on
The Federal Reserve cut interest rates by 0.25% on Wednesday, as the ongoing government shutdown restricts the release of critical economic data. Why it matters: It's the second straight rate cut aimed at safeguarding America's weakening jobs market.
U.S. Federal Reserve cuts interest rates for 2nd time this year to boost growth, hiring
The U.S. Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.

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