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Federal Reserve votes to cut interest rates for a 3rd time

The Federal Reserve voted to cut interest rates Wednesday by another quarter percent, in an effort to prop up a sagging job market. Fed officials warned they'll be cautious about more cuts in 2026.

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Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Steve Inskeep is a host of NPR's Morning Edition, as well as NPR's morning news podcast Up First.