rate cut - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Thu, 30 Oct 2025 21:52:34 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png rate cut - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 Fed Cuts Interest Rate Again as Layoffs Mount: What It Means for Mortgages as Markets React https://www.garnertedarmstrong.org/fed-cuts-interest-rate-again-as-layoffs-mount-what-it-means-for-mortgages-as-markets-react/?utm_source=rss&utm_medium=rss&utm_campaign=fed-cuts-interest-rate-again-as-layoffs-mount-what-it-means-for-mortgages-as-markets-react Thu, 30 Oct 2025 21:52:34 +0000 https://www.garnertedarmstrong.org/?p=48267 The Federal Reserve has announced its second interest rate cut in a row, easing monetary policy as concerns grow about rising layoffs and economic fallout from the government shutdown. Fed Chair Jerome Powell joined the 10-2 majority on the Federal Open Market Committee (FOMC) to vote for the quarter-point rate cut at Wednesday’s meeting in...

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]]> The Federal Reserve has announced its second interest rate cut in a row, easing monetary policy as concerns grow about rising layoffs and economic fallout from the government shutdown.

Fed Chair Jerome Powell joined the 10-2 majority on the Federal Open Market Committee (FOMC) to vote for the quarter-point rate cut at Wednesday’s meeting in Washington, DC.

Dissenting were Trump-appointed Fed Gov. Stephen Miran, who voted for a larger half-point cut, and Kansas City Federal Reserve Bank President Jeffrey Schmid, who voted to leave the policy rate unchanged.

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Source: https://www.realtor.com/news/trends/fed-interest-rate-decision-jerome-powell-october-2025/?fbclid=IwY2xjawNwsP9leHRuA2FlbQIxMQABHqi4vCFY4cvuF63kavS7Lt0l7i-EWnQNe0yR-4a_Ryz-3TJP8KN8Gy_tr9ZR_aem_vSr35PzR4navDa262AJL9A

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