The central bank’s widely-expected 0.25% cut comes amid a cooling labour market, which has stalled economic growth.
The central bank’s cut comes amid a cooling labour market, which has stalled economic growth.
By Andy Hirschfeld
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The US central bank cut rates by a quarter of a percentage point, its second cut for the year.
The central bank cut rates for the third time in 2025 as limited government data clouds economic outlook.
The US central bank lowered interest rates for the third time this year, but the outlook for further cuts remains murky.
The Federal Reserve has cut US interest rates for the first time this year following intense pressure from Donald Trump.
The central bank lowered rates for the first time since 2024 as the labor market shows signs of weakening.
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as…
Federal Reserve Cuts Key Interest Rate Amid Trump Pressure Campaign
