Fed rate cut: The Federal Reserve has

The Federal Reserve has announced its second interest rate cut in a row, easing monetary policy as concerns grow about rising layoffs and economic fallout from the government shutdown. Fed Chair ... Fed Cuts Rates as Officials Worry About Labor Market The Federal Reserve cut interest rates by a quarter point for the second time this year. Investors lowered the probability of a cut at the Fed ... The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, but Chair Jerome Powell hinted that the central bank might pause before further lowering borrowing costs. The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and Donald Trump’s return to the White House muddles the outlook on what ...