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Federal Reserve cuts key rate for first time this year, AP Explains

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market. 
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Source name: 
The Associated Press
Unique identifier: CP175024763 
Legacy Identifier: bcd6a07a96cb474586657c8ac58f9273 
Type: Video 
Duration: 1m11s 
Dimensions: 1920px × 1080px     87.95 MB 
Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited. 
Create Date: 9/17/2025 11:14:12 PM 
Display aspect ratio: 16:9