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After months of speculation and intense pressure by President Trump, Federal Reserve Chair Jerome Powell announced on Wednesday, Sept. 17, that the central bank would cut interest rates by 25 basis points.
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Why the US is cutting interest rates BBCFed announces first rate cut in nine months, signals more reductions to come CNNFederal Reserve cuts interest rates for the first time this year NBC NewsUS Treasuries Rally After Fed Delivers Quarter-Point Rate Cut Bloomberg
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Fed Meeting Live Updates: Interest Rates and Economic News The New York TimesFed set to announce first rate cut in nine months as Trump continues to push for influence CNNFederal Reserve poised to cut interest rates NBC NewsFed expected to cut rates, update views of Trump economic plan with new projections Reuters
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