Last updated: 2025-10-30 12:20:28 ET
Trump calls meeting with China's Xi 'amazing', Federal Reserve cuts interest rates 25 basis points
The Federal Reserve is making it a little bit cheaper to borrow money. The central bank hopes to prop up the job market. But it's making no promises that rates will fall further in December.
Fed cuts interest rates 25 basis points, here's what it means for markets
The Federal Reserve lowered its benchmark interest rate today for the second time in six weeks. The central bank is trying to shore up the sagging job market.
Central bank votes to lower cost of borrowing even as US government shutdown limits data for decision
The cut – which had been widely expected – lowered rates to a new range of 3.75% to 4%.
