Fed cuts interest rates by quarter-point, first cut in nine months, amid Trump's pressure campaign
PositiveU.S News

The Federal Reserve has made a significant move by cutting interest rates by a quarter-point, marking its first reduction in nine months. This decision comes as a response to a sluggish job market and ongoing pressure from President Trump, who has influenced the central bank's leadership. This rate cut is important as it aims to stimulate economic growth and support job creation, reflecting the Fed's commitment to addressing current economic challenges.
— Curated by the World Pulse Now AI Editorial System