Fed cuts interest rates for 1st time in Trump's 2nd term
The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its first interest rate cut this year in an effort to revive the flagging labor market. ––– Subscribe to ABC News on YouTube: https://ift.tt/MX1GQn5 ABC News is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage. Download the ABC News app for the latest headlines and alerts: https://ift.tt/rTAC9Ug Watch 24/7 coverage of breaking news and live events on ABC News Live: https://www.youtube.com/watch?v=gN0PZCe-kwQ&ab_channel=ABCNews Watch full episodes of World News Tonight with David Muir here: https://youtube.com/playlist?list=PLQOa26lW-uI8ixlVw1NWu_l4Eh8iZW_qN&feature=shared Read ABC News reports online: http://abcnews.go.com ABC News is the home to the #1 evening newscast “World News Tonight with David Muir," “Good Morning America,” “20/20,” “Nightline,” “This Week” with George Stephanopoulos, “ABC News Live Prime” with Linsey Davis, plus the daily news podcast “Start Here.” Connect with ABC News on social media: Facebook: https://ift.tt/ybu4qgc Instagram: https://ift.tt/HOlRw21 TikTok: https://ift.tt/wUXZlOq X: https://twitter.com/ABC Threads: https://ift.tt/4YMw630 WhatsApp: https://ift.tt/VFp5baE LinkedIn: https://ift.tt/NO9HP80
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