Federal Reserve cuts rates for second time as shutdown stalls key data
NeutralU.S News

The Federal Reserve has cut interest rates for the second month in a row, lowering them to a range of 3.75 to 4 percent. This decision comes amid uncertainties regarding the strength of the U.S. economy, especially as a government shutdown has hindered the release of crucial economic data. This move is significant as it reflects the Fed's response to current economic conditions and aims to stimulate growth, but it also raises questions about the underlying health of the economy.
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