#TODAY Fed Cuts Interest Rates for 2nd Time in Push to Boost Economy
Fed Cuts Interest Rates for 2nd Time in Push to Boost Economy
The Federal Reserve has approved its second straight interest rate cut, lowering its benchmark rate by a quarter-point. The decision comes amid growing concerns over a recent wave of layoffs by major U.S. companies and the economic fallout of the government shutdown. NBC’s Brian Cheung reports for TODAY.
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