Fed cuts interest rates by quarter point for second time in a row, showing concern about job market

New York PostWednesday, October 29, 2025 at 6:09:32 PM
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Fed cuts interest rates by quarter point for second time in a row, showing concern about job market
The Federal Reserve has cut interest rates by a quarter point for the second consecutive time, bringing the new range to 3.75% to 4%. This decision, which many analysts anticipated, reflects the Fed's concerns about the job market and overall economic conditions. By lowering rates, the Fed aims to stimulate economic growth and support employment, making it a significant move for both consumers and businesses.
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