Thursday 30 October 2025
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wn.com - 15 hours ago

U.S. Fed cuts key interest rate for 2nd time in a row as widely expected

WASHINGTON - The U.S. Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year amid concerns over the labor market, marking a widely expected second reduction in a row. After a two-day policy meeting, the Fed said its target range for the federal funds rate, which...


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