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U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, D.C., U.S., October 29, 2025. | Photo Credit: Reuters A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday (October 29, 2025) and announced…
The Federal Reserve cut its key interest rate by a quarter point Wednesday (September 17, 2025) and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labour market. The move is the Fed’s first cut since December and lowered its short-term rate…
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