US Fed makes first rate cut of 2025 as concerns mount over jobs
The Federal Reserve cut its key interest rate by a quarter-point on Wednesday, to a range between 4.0 percent and 4.25 percent, and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market.
The Federal Reserve cut its key interest rate by a quarter-point on Wednesday, to a range between 4.0 percent and 4.25 percent, and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market.
