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October 30, 2025 INN Insider News
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Fed again cuts rates by 0.25 points

Policymakers are split on next move. The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday for its second consecutive meeting, seeking to steady the economy amid a weakening labor market as a month-long government shutdown has clouded its view. Chair Jerome H. Powell said in a news conference that the pressure of stubborn…

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