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Federal Reserve cuts key rate yet Powell says future reductions are not locked in

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. 
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Information
Source name: 
The Associated Press
Unique identifier: CP175232973 
Legacy Identifier: db2c2cd330ec4bc2bc2056de4c21a26d 
Type: Video 
Duration: 1m17s 
Dimensions: 1920px × 1080px     94.93 MB 
Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited. 
Create Date: 10/29/2025 10:45:05 PM 
Display aspect ratio: 16:9