Federal Reserve Cuts Interest Rates for a Third Time in 2025

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The Federal Reserve on Wednesday cut interest rates by a quarter point with Fed Chair Jerome Powell suggesting the economy is improving, but acknowledging more challenges ahead. The third cut of the 2025 sent stocks rallying on Wall Street as concerns grow among consumers over the state of the economy. NBC’s Christine Romans reports for TODAY.

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Federal Reserve Cuts Interest Rates for a Third Time in 2025

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