homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

October 30, 2025

Fed rate cut comes amid data drought

WASHINGTON (AP) — 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.

The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed's 2% target.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.