Federal Reserve Chairman Jerome Powell speaks at a news conference after the Federal Open Market Committee meeting Wednesday, Oct. 29, 2025, at the Federal Reserve Board Building in Washington. (AP Photo/Manuel Balce Ceneta)
Markets

Federal Reserve cuts key rate yet Powell says future reductions are not locked in

Trader Daniel Kryger works on the floor of the New York Stock Exchange on May 5, 2025. (AP Photo/Richard Drew)
Global Trade

Trump’s massive import taxes haven’t done much economic damage — yet

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