Is the Federal Reserve’s decision to cut its key interest rate by a quarter-point, with two more cuts expected this year, the right plan for the economy?

The Federal Reserve on Sept. 17 cut its key interest rate by a quarter-point, its first cut since December. It also signaled it would do so twice more this year due to concerns about the health of the labor market, according to The Associated Press.

Fed officials had resisted calls for rate cuts throughout the year as they tried to measure the effects of federal policy on tariffs, immigration enforcement and other initiatives on inflation and the economy. PBN Branded Content

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Fed Chair Jerome Powell acknowledged concerns about the job market, “In this less dyn