Federal Reserve Cuts Rates Again Amid Labor Market Concerns
TL;DR Summary
The Federal Reserve cut interest rates for the second time this year to 3.75%-4%, ending its asset reduction program, but Chair Jerome Powell expressed uncertainty about further cuts in December, citing differing views among officials and economic data uncertainties.
Topics:top-news#business#federal-reserve#inflation#interest-rates#monetary-policy#quantitative-tightening
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