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The Fed cuts interest rates again as concerns grow about the job market

03:52
Federal Reserve Chair Jerome Powell and his colleagues cut their benchmark interest rate by a quarter point Wednesday in an effort to prop up the sagging job market. (Getty Images North America)
Federal Reserve Chair Jerome Powell and his colleagues cut their benchmark interest rate by a quarter point Wednesday in an effort to prop up the sagging job market. (Getty Images North America)

This article was originally published on October 29, 2025.

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