WASHINGTON, United States — The US Federal Reserve on Wednesday lowered interest rates for the first time this year, signaling concerns about slower job gains and emerging risks to employment.
The decision comes as policymakers face increased pressure under President Donald Trump to support the economy. The Fed cut the benchmark lending rate by 25 basis points, bringing it to a range between 4 percent and 4.25 percent.
https://business.inquirer.net/547693/us-fed-makes-first-rate-cut-of-2025-over-employment-risks