Federal Reserve cuts interest rates by 0.25% for second straight meeting, 2 officials vote against move as shutdown challenges mount

Federal Reserve cuts interest rates by 0.25% for second straight meeting, 2 officials vote against move as shutdown challenges mount

The Federal Reserve cut interest rates by a quarter percentage point Wednesday for the second meeting in a row, even as the government shutdown has left policymakers without key data to guide monetary policy. The central bank voted in a split decision to cut its benchmark interest rate to a range of 3.75% to 4.00%….

Read More