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NBC News NOW

Fed makes second consecutive interest rate cut

Catch up with NBC News Clone on today's hot topic: Fed Makes Second Consecutive Interest Rate Cut 250925125524 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.

02:07

The Federal Reserve cut interest rates for the second consecutive time, despite little recent visibility on economics data due to the government shutdown. The central bank voted to lower borrowing costs by a quarter of a percentage point, with Fed chair Jerome Powell saying that no decision has been made yet on lowering rates again in December. 

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