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Fed Cuts Rates by a Quarter Point, Second Straight Reduction
Posted
October 29, 2025
Views
2,199
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20
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October 29, 2025
2,199
20
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1:52Now PlayingThe Federal Reserve has cut interest rates for the second consecutive meeting. It will also stop shrinking the central bank's portfolio of assets beginning Dec. 1. Policymakers lowered the target range for the federal funds rates by a quarter percentage point to 3.75%-4%. Bloomberg's Michael McKee reports.
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