Federal Reserve Cuts Key Rate a Quarter-Point, Signals 2 More
Federal Reserve Chairman Jerome Powell talks to reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, D.C. (Chip Somodevilla/Getty Images)
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market. [Full Story]
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