Fed Cuts Rates as Economic Warnings Grow

The Federal Reserve has issued its second consecutive quarter-point rate cut, signaling growing concern about the direction of the U.S. economy. Fed Chair Jerome Powell warned that labor-market conditions are cooling, inflation risks remain elevated and new data suggests the workforce is losing momentum — with artificial intelligence continuing to shape employment trends.Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.