The Federal Reserve cut its key interest rate and said it will stop shrinking its balance sheet, taking two steps to ease restrictive policy. The S&P 500 remained slightly higher on Wednesday afternoon as Nvidia continued to power higher. Chairman Jerome Powell will elaborate on the Fed policy statement and economic outlook in a 2:30 p.m. ET news conference.
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Fed Cuts Key Rate, Ends QT; Powell Speaking As S&P 500 Holds Gain (Live Coverage)
Published 1 week ago
Oct 29, 2025 at 6:36 PM
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