The Federal Reserve on Wednesday cut its top-line interest rate by a quarter-point for the second time this year. Speaking to reporters, Chair Jerome Powell said the long-running risk of higher inflation had to be balanced with signs of weakness in the job market. He said another cut this winter is not a guarantee. Adding to the uncertainty over the Fed's next meeting is a lack of economic data, with many reports affected by the ongoing government shutdown.
WATCH: Fed cuts interest rates for second time this year
PBS NewsHour Video3 hrs ago131


KNAU
Bloomberg TV
Chicago Star Media
Reuters US Domestic
America News
Reuters US Business
Reuters US Economy
Australia News
FOX News Videos
Bloomberg Law