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Federal Reserve cuts interest rates again as concerns grow about U.S. job market

The Federal Reserve lowered its benchmark interest rate today for the second time in six weeks. The central bank is trying to shore up the sagging job market.

Copyright 2025 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Scott Detrow is a White House correspondent for NPR and co-hosts the NPR Politics Podcast.