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By a 10-2 vote, the Federal Open Market Committee lowered its benchmark borrowing rate to a range of 3.75-4%, the second consecutive rate cut. But statements from Fed Chair Jerome Powell raise doubts about easing at the next meeting.
The Federal Reserve cut interest rates for the first time in 2025. Here’s what that move signals about the economy – and how it could affect borrowing, saving and investing.
June’s job data surprised analysts, highlighting labor market resilience and signaling how interest rates and markets may shift – here’s what to know.
