Central bank sets rates at range between 3.75% and 4% amid turbulence from government shutdown and Trump’s tariffs

The Federal Reserve will meet Wednesday, as the U.S. government shutdown enters its fifth week, to decide whether to cut interest rates for a second time since September.

Central bank votes to lower cost of borrowing even as US government shutdown limits data for decision

The Federal Reserve on Wednesday released its interest decision following a two-day meeting.

Wednesday's decision brings the Fed's key rate down to about 3.9%, from about 4.1%.

Central bank sets rates at range between 3.75% and 4% amid turbulence from government shutdown and Trump’s tariffs

Wednesday's decision brings the Fed's key rate down to about 3.9%, from about 4.1%.

Here’s a look at all of the ways the Fed decision could affect your finances.

The US central bank cut rates by a quarter of a percentage point, its second cut for the year.