The Fed cut interest rates slightly on Wednesday to steady the economy amid a weakening job market, as a long government shutdown has clouded its view of the economy.

Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are more cuts coming?

The Federal Reserve is expected to cut interest rates on Wednesday by a quarter point. Kristin Myers, ETF editor in chief for Asset TV, joins with more.

The Federal Reserve is expected to cut its short-term rate Wednesday for the second time this year despite an increasingly cloudy view of the economy it is trying to influence. The government shutdown has cut off the flow of data that the Fed relies on to track employment,

The Federal Reserve is expected to cut interest rates by a quarter of a percentage point at its policy meeting on Wednesday, to a target range of 3.75%-4.00%. That would follow a quarter-point cut in September,

Wall Street is bracing for the Federal Reserve’s highly anticipated policy decision this afternoon, with traders and investors watching closely for confirmation of a widely expected rate cut. Market consensus points to a 25-basis-point reduction,

The Federal Reserve didn’t need official jobs data to justify another rate cut, as other indicators continue to point to a cooling labor market. The Fed announced another quarter-point cut Wednesday — the second in six weeks — bringing the central bank’s benchmark interest rate to its lowest level since November 2022.