Fed cuts rates for the second time this year, will end balance sheet run-off in December

cnbc.com/2025/10/29/fed-rate-decision-october-2025.html

The Federal Reserve on Wednesday approved its second straight interest rate cut, though Chair Jerome Powell rattled markets when he threw doubt on whether another reduction is coming in December.
By a 10-2 vote, the central bank's Federal Open Market Committee lowered its benchmark…

This story appeared on cnbc.com, 2025-10-29 19:11:56.350000.
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