BREAKING: Federal Reserve cuts interest rates by 0.25%
NBC Newsยท2025-09-17 18:31
We begin this hour with your money and a highly anticipated decision that I believe was made just seconds ago by the Federal Reserve. The central bank has just voted to cut interest rates by a quarter percentage point. This is the first rate cut since December of last year. This is also the first interest rate decision involving President Trump's new pick for Fed Governor Steven Myron.He has taken a temporary leave from his regular post at the White House. Some economists have raised concerns over what this ...