Fed cuts rates as plunging job gains trigger alarm for economy

thehill.com/business/5508045-fed-cuts-interest-rates

The Federal Reserve cut interest rates Wednesday for the first time this year as the central bank attempts to ease pressure on the weakening U.S. job market.
The Federal Open Market Committee (FOMC) — the panel of Fed officials responsible for setting borrowing costs — cut its baseline…

This story appeared on thehill.com, 2025-09-17 18:00:50.
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