UK Top 10 News

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The Federal Reserve cut interest rates by a quarter percentage point, the first in 2025, amid cooling inflation and labor market worries.
Chair Jerome Powell noted immigration weighing on the market, with unemployment at 4.3%, highest since 2021.
The dot plot signals two more cuts in 2025, possibly October and December.
Dissent from Stephen Miran, Trump's adviser.
Markets hit records: S&P 500 up 0.5%, Nasdaq 0.9%.
Intel rose after Nvidia's $5B investment.
Powell addressed political drama, emphasizing independence.
Economy added fewer jobs; revisions showed 1M less over 12 months.
Rate cut aims to support growth without overheating.
Investors brace for volatility; September historically weak.
Broader impacts: boosts stocks, eases borrowing, but risks inflation rebound.
Trump's lawsuit against NYT adds tension.
The decision reflects balancing act on employment and prices, with futures pricing further easing.
2025-09-20 16:16:00



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