Fed cuts US interest rates again despite 'flying blind'

The Federal Reserve has decided to cut interest rates once again, a move that comes amid concerns about limited data availability due to the ongoing US government shutdown. This decision is significant as it aims to stimulate borrowing and spending in the economy, but the uncertainty surrounding the data raises questions about the effectiveness of this approach. As the Fed navigates these challenges, the implications for consumers and businesses could be profound, influencing everything from loan rates to economic growth.