Lower interest rates could reduce borrowing costs for mortgages, car loans, and business loans, and boost growth and hiring.
WASHINGTON — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market.
The move is the Fed’s first … [5458 chars]
Source: WLTX.com | Published: 2025-09-17T14:15:00Z
Credit: WLTX.com
