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News Wrap: Federal Reserve cuts interest rates for 2nd time this year

News Wrap: Federal Reserve cuts interest rates for 2nd time this year

Update: 2025-10-29
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In our news wrap Wednesday, the Federal Reserve cut its topline interest rate by a quarter-point for the second time this year, President Trump is due to meet China's Xi Jinping on the last leg of his Asian tour, the U.S. is reducing its military presence along NATO's border with Ukraine and Israel carried out a strike on Northern Gaza even as it says its ceasefire with Hamas is still in place. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
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News Wrap: Federal Reserve cuts interest rates for 2nd time this year

News Wrap: Federal Reserve cuts interest rates for 2nd time this year

PBS NewsHour