Fed Cuts RatesFederal Reserve Approves Quarter Point Rate CutOn September 17, the Federal Reserve approved the first rate cut of 2025. Stocks initially moved higher from the news, but later reversed.The cut comes after a jobs report that suggested a weakening labor market. Jobs growth has slowed sharply in the last few months, and the rate cut indicates that “concerns about a slowing labor market now outweigh ongoing worries about inflation.” (NBC)It is expected that the Fed will continue...
