Live coverage: Federal Reserve cuts interest rates by 0.25%, Powell warns there's 'no risk-free path' - Yahoo Finance
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TL;DR
The Federal Reserve cut interest rates by 0.25%, with Chair Powell cautioning that there is 'no risk-free path' in monetary policy decisions. This move impacts mortgages, credit cards, and economic outlook, as experts warn of potential risks from further cuts.
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Federal Reserveinterest ratesJerome Powelleconomymonetary policy
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