US Federal Reserve lowers rates again, but cautions another cut in December is far from certain
Update: 2025-10-29
Description
The US Federal Reserve has lowered interest rates for the second time this year, despite having only partial data to assess the state of the economy because of the ongoing government shutdown. The quarter percentage point cut brings the Federal Funds Rate to a range of 3.75 percent to 4 percent. The central bank also announced it would stop reducing the size of its balance sheet in December. Also in this segment: Boeing posts a $5.4 billion third-quarter loss, weighed down by delays in its 777X rollout.
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