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Fed trims rates

Fed Cuts Rates for Second Straight Meeting
The Federal Reserve has cut interest rates for the second consecutive meeting and will stop shrinking its balance sheet on Dec. 1. Policymakers lowered the target range for the federal funds rates by a quarter percentage point to 3.
Fed Cuts Interest Rates for Second Time This Year
Fed Chair Jerome Powell announced that the Federal Reserve would cut interest rates by another quarter point on Wednesday, the second cut this year. Interest rates set by the Fed are now below 4 percent for the first time since late 2022.
What the Fed's rate cut means for your wallet
The Federal Reserve has lowered interest rates for the second time in a row. The Fed announced a quarter of a percentage point rate cut, which falls in line with what economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.
What a Federal Reserve rate cut means for your finances
The Federal Reserve has cut its benchmark interest rate by a quarter point for the second time since September
Federal Reserve cuts interest rates for second time
FOX Business correspondent Edward Lawrence reports on the Federal Reserve's October meeting on 'Special Report.'
Fed cuts interest rates for 2nd time this year amid hiring slowdown
The widely expected move delivers a lowering of interest rates sought by President Donald Trump, though the size of the cut falls short of the major drawdown called for repeatedly by the president. The Fed previously projected an additional quarter-point cut at its next meeting in December,
Fed drops interest rates by 0.25%; Powell says labor marked 'softened'
Fed Chair Jerome Powell announced the Fed is cutting the overnight lending rate by a quarter of a point, bringing the benchmark rate to 3.75% to 4%.
Federal Reserve poised to cut key interest rate for the second time this year
Investors are nearly certain that the Federal Reserve will announce a quarter-point cut to its benchmark interest rate Wednesday afternoon.

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