“Fed Cuts Interest Rates by Another Quarter Point”

“The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday, its second cut since late July, and suggested it was prepared to move aggressively if the United States economy showed additional signs of weakening.

For now, a growing number of Fed officials expect one more cut this year, based on economic projections released after the Fed’s two-day meeting…”

https://www.nytimes.com/2019/09/18/business/economy/fed-interest-rate-cut.html