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Asian Rally to Stall After Powell Rate Cut Caution: Markets Wrap Bloomberg.comFed cuts rates again, but Powell raises doubts about easing at next meeting CNBCLive Updates: Fed Cuts Rates as Officials Worry About Labor Market The New York TimesWhat a Federal Reserve rate cut means for your finances AP News
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The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction at its next meeting fell after Jerome Powell, the central bank's chair, said that officials held "strongly differing views."
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The Fed cut interest rates slightly on Wednesday to steady the economy amid a weakening job market, as a long government shutdown has clouded its view of the economy.
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Markets News, Oct. 29, 2025: Stocks End Mixed After Powell Says Another Rate Cut in December 'Not a Foregone Conclusion'; Nvidia Hits $5 Trillion Market Cap InvestopediaFed cuts rates again, but Powell raises doubts about easing at next meeting CNBCLive Updates: Fed Cuts Rates as Officials Worry About Labor Market The New York TimesDollar gains as Fed cut bets recede; yen on guard Reuters
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