Fed cuts interest rates for 1st time in Trump’s 2nd term
Fed Cuts Interest Rates for First Time in Trump’s Second Term: A Quarter-Point Reduction Amid Labor Market Concerns In a pivotal move to bolster the U.S. economy, the Federal Reserve announced a quarter-percentage-point cut to its benchmark interest rate on September 17, 2025—the first reduction during President Donald Trump’s second term. This decision lowers the … Read more